Chart of the Day: Dollar in demand
Dec 07, 2016 18:48 pm UTC| Commentary Economy
This chart from Bloomberg shows 3-month JPY-USD basis swap and EUR-USD basis swap, which is the cost to convert yen and euro denominated liabilities to thedollar. For the yen, the swap spread rose to 92 basis points...
Dec 06, 2016 16:52 pm UTC| Commentary
This chart from Bloomberg shows the jitters in the yuan market today morning. The googlesearch for yuan exchange rate was showing anerroneous value of 7.48 yuan per dollar at a time when the yuan was trading around 6.87...
Chart of the Day: Inflation threat in UK
Dec 05, 2016 19:09 pm UTC| Commentary Economy
This chart from the Markit PMI report, shared by Markits chief economist Chris Williamson shows the post-referendum sharp increase in the input costs for all domestic companies. If history is any guide, then this sharp...
Chart of the Day: China bleeds treasuries
Dec 02, 2016 19:49 pm UTC| Commentary Economy
This chart from bond vigilantes shows, how the treasury holdings by Peoples Bank of China has declined to a four-year low amid increasing yields in the United States. Given the increasing interest rates in China,...
Chart of the Day: Trumpflation eases recession probability
Nov 30, 2016 18:12 pm UTC| Commentary Economy
As Republican candidate Donald Trump won the US Presidential election, the narrowing of the duration premium, which measured by the yield difference between 10-year and 2-year treasury, reversed course. Whenever the gap...
Chart of the Day: Negative sovereign bond universe
Nov 25, 2016 17:23 pm UTC| Commentary Economy
Back in July 2015, the net outstanding amount of sovereign bonds trading in negative yield was about $4 trillion. Within a year that amount surpassed $10 trillion. But the recent selloffs in the bond market that started...
Chart of the Day: Pyramid out of balance
Nov 24, 2016 16:43 pm UTC| Commentary Economy
The figure of the wealth pyramid shows the very nature of financial inequality that exists globally and according to many, the easy monetary policies of central banks have just worsened it. 0.7 percent of the world...
Liberation Day" Looms: Trump's Global Tariffs Spark Economic Fears