The apparel and home-goods retailer said it anticipates sales and profits to grow for the full year.
EU unveils proposals for vaccine certificate, common path to reopening
As announced by European Commission president, Ursula von der Leyen
Essentially, this is a vaccine passport and is in some ways an organised step forward in trying to standardise things in the region moving forward. She also does note though that the virus situation in Europe is getting worse and a third wave is coming.
Essentially, this is a vaccine passport and is in some ways an organised step forward in trying to standardise things in the region moving forward. She also does note though that the virus situation in Europe is getting worse and a third wave is coming.
Treasury yields continue to climb ahead of the Fed
10-year yields rise by nearly 4 bps to 1.655%
’sell the rumour, buy the fact‘
As mentioned , there is limited scope for an extended selloff in Treasuries with the rates market already pricing in ~70% odds of a rate hike by December 2022.
’sell the rumour, buy the fact‘
As mentioned , there is limited scope for an extended selloff in Treasuries with the rates market already pricing in ~70% odds of a rate hike by December 2022.
FOMC preview: A tall order for the Fed to push back against the bond market
The Fed has a fine line to walk today but in all likelihood, it will just reaffirm the status quo in the market in the past few weeks
There are a couple of things we can expect from the Fed today but essentially, Powell & co. will want to try and maintain a more dovish stance
There are a couple of things we can expect from the Fed today but essentially, Powell & co. will want to try and maintain a more dovish stance
Japan reportedly making final preparations to end Tokyo state of emergency
NHK reports on the matter
The Tokyo state of emergency is to run until 21 March but given how the virus situation has been improving, the government is more than likely to lift that this week.
The Tokyo state of emergency is to run until 21 March but given how the virus situation has been improving, the government is more than likely to lift that this week.
Treasury yields nudge a little higher but it will all come down to the Fed today
It is going to be all about the bond market today
As much as the Fed wants to walk a tightrope and keep a more dovish tone while not sounding too controlling over recent developments in the bond market, the lack of pushback (once confirmed) is arguably going to be the key takeaway for investors.
As much as the Fed wants to walk a tightrope and keep a more dovish tone while not sounding too controlling over recent developments in the bond market, the lack of pushback (once confirmed) is arguably going to be the key takeaway for investors.