About: davin
Recent Posts by davin
BNY’s Bob Savage says risk appetite is recovering in equities, led by Asia tech; developed markets rebound faster
Equities lead risk-appetite recovery, though holdings lag. Developed markets rebound faster; Korea and Taiwan remain weak.
On 17 April, the US Redbook Index yearly rate eased to 6.7%, down from 7% previously
United States Redbook Index year-on-year eased to 6.7% on April 17, down 0.3 points.
The Census Bureau said US March retail sales reached $752.1bn, up 1.7%, beating 1.4% forecasts
US retail sales climbed 1.7% in March to $752.1B, beating forecasts; dollar index edged higher.
Rabobank’s Foley says UK politics and inflation may bolster sterling, despite softened Bank of England expectations lately
UK political uncertainty and shifting BoE rate expectations may temper sterling, while EUR/GBP edges higher.
Amid rising geopolitical and political tensions, the pound weakened as a stronger dollar drove GBP/USD near 1.3515
GBP/USD slipped to 1.3515 as dollar strengthened; US-Iran tensions boosted safe-haven demand, capping gains.
