DM Markets Chart Pack Treasuries come under fire The surge in US Treasury yields in December was prompted largely by the announcement of further fiscal stimulus, which nurtured expectations of economic growth; increased anxiety about the budget... 5th January 2011 · 1 min read
DM Markets Chart Pack Dollar bounces back The dollar bounced back sharply in November, especially against the euro, as anxiety about the health of government finances increased dramatically in the peripheral economies of the euro-zone. US... 3rd December 2010 · 1 min read
DM Markets Chart Pack Prospect of more QE buoys markets The prospect of additional quantitative easing in the US boosted the prices of “risky” assets in October. Government bonds also held firm in anticipation of more buying by the Fed. The ongoing loser... 3rd November 2010 · 1 min read
DM Markets Chart Pack Fears of currency debasement buoy the euro The strength of the euro against the dollar in September coincided with a change in investors’ perceptions about the relative outlook for unconventional monetary policy on either side of the Atlantic... 6th October 2010 · 1 min read
DM Markets Chart Pack US Treasuries warm to Fed policy decision (Sep 10) The US FOMC’s decision to reinvest the proceeds of the Fed’s holdings of maturing agency debt and mortgage-backed securities into longer-term Treasuries triggered another sharp decline in US... 2nd September 2010 · 1 min read
DM Markets Chart Pack Investors rediscover their appetite for risk (Aug 10) Investors rediscovered their appetite for risk in July. Equities, corporate bonds and commodities sensitive to the economic cycle were all beneficiaries. Treasuries also held up well, however, amid... 31st August 2010 · 1 min read
DM Markets Chart Pack Dollar loses ground (July 10) The dollar lost ground in June even though investors’ appetite for risk cooled. A shift in relative interest rate expectations undermined the currency as disappointing economic data led investors to... 31st August 2010 · 1 min read
DM Markets Chart Pack Caution remains the watchword (May 10) The money markets have been showing signs of strain recently, although we are still a long way from a liquidity crisis. We don’t expect tensions to escalate. Accordingly, the downward pressure on the... 10th June 2010 · 1 min read
DM Markets Chart Pack Greece casts a shadow (Apr 10) The crisis in Greece cast a shadow over equity markets in April to the benefit of US Treasuries and gold. The recovery in the major developed economies is likely to peter out before too long. This... 6th May 2010 · 1 min read
DM Markets Chart Pack Euro remains on the defensive (Mar 10) The euro continued to suffer against the dollar in March. We were already expecting the euro to fall to $1.25 by the end of the year, but we recently revised our forecast to $1.20. We also now think... 7th April 2010 · 1 min read
DM Markets Chart Pack Tough times still lie ahead for US equities (Feb 10) The US stock market recovered in February after a shaky start to the year. We would not be surprised if it edged up a little more in the near term. However, we do not think the rebound ushers in the... 4th March 2010 · 1 min read
DM Markets Chart Pack No more plane sailing (Jan 10) The US stock market recovered in February after a shaky start to the year. We would not be surprised if it edged up a little more in the near term. However, we do not think the rebound ushers in the... 3rd February 2010 · 1 min read
DM Markets Chart Pack An upbeat end to 2009, but will it last? (Dec 09) 2009 saw risky assets outperform safer ones. The month of December was no exception. Many expect this pattern to continue throughout 2010 as the global economy slowly recovers, inflation gathers steam... 8th January 2010 · 1 min read
DM Markets Chart Pack The rally is starting to look tired (Nov 09) The increases in many asset prices since the spring have been spectacular, and most markets chalked up further gains in November. Nonetheless, the rally has begun to look tired. Recent events in Dubai... 4th December 2009 · 1 min read
DM Markets Chart Pack A pause for breath (Oct 09) October was a month of two halves. The rally in risky assets that has been fuelled by central bank liquidity and signs of growth continued during the first two weeks before a significant bout of... 5th November 2009 · 1 min read
DM Markets Chart Pack Stocks still strong, but for how long? (Sep 09) The US equity market enjoyed another good month in September. The good times may roll on for a while as the incoming data improve. But as risk appetite starts to taper off, there may be trouble ahead. 7th October 2009 · 1 min read
