Global bond sell-off deepens
Global bonds continue to sell off with the U.S. Treasury bill now hitting a 14-month high. Meanwhile the 10-year JGB yield reaches its highest level since 2011. Wall Street is dragged down by tech sto...
14 Jan 202525min
Dollar strength prompts PBOC's defence of yuan
The dollar index soars to its highest level since late 2022, prompting the PBOC to ramp up efforts in a bid to protect the yuan. Chinese trade data for December beats expectations. Asian equities star...
13 Jan 202528min
Jitters over soaring global bond yields
Global markets are spooked by elevated yields with the 10-year Treasury yield sitting at a near-eight month high while UK Treasury seeks to reassure investors rising gilts. In China, yields also rise ...
10 Jan 202527min
Global bond sell-off accelerates
The bond market sell-off continues around the world with the benchmark yield rising in the UK, Germany, Japan and the U.S. The 10-year yield is now at its highest level since April 2024. The Chinese e...
9 Jan 202526min
Strong jobs, services data dampens Fed rate cut hopes
A strengthening services and jobs scenario Stateside again dampens expectations of further Fed rate cuts this year with tech stocks pushing U.S. indices down, with Nvidia hit by profit-taking. In the ...
8 Jan 202525min
Nvidia's Huang outlines new ambitions at CES
Nvidia shares are at a record high as CEO Jensen Huang announces at CES his company’s ambitions to expand in robotics, gaming and autonomous vehicles. Samsung Electronics co-CEO Jong-Hee Han tells CNB...
7 Jan 202528min
Chinese services activity at 7-month high
Chinese services activity hits a seven-month high on the back of strong domestic demand. The strength of the dollar pushes the yuan to a 16-month low. In autos news, Xpeng shares are up following the ...
6 Jan 202538min
Wall Street kicks off 2025 in the red
The S&P 500 and the Nasdaq begin the year in the red - their fifth-straight negative session. However, the dollar extends its rally into 2025 with the index hitting a two-year high. President Biden is...
3 Jan 202528min
