Significant declines in investment grade fixed income marked the beginning of December, with yields rising by 5-7bps in Europe and up to 9bps on the Treasury curve, although rate futures continue to price in a 25bps cut in the Fed Funds Rate next Wednesday by the Fed. Equities...

U.S. stocks advanced in light trading after a technical glitch at the Chicago Mercantile Exchange (CME) disrupted premarket activity. Bonds fell slightly.

The positive tone continues in the markets, with equities rising globally, led today by "value," with the Dow Jones up more than 1.3%, accompanied by a rise in global fixed income, with yields on both Treasuries and European sovereign bonds falling 3-5bps as...

Trump said he had a "very good" conversation with Xi, and said he will visit China, leading to a risk-on wave in Chinese and U.S. assets, gaining 2.7% on the Nasdaq and 1.55% on the S&P500 in what will be a short market week because of the U.S. Thanksgiving holiday on Thursday. Treasuries rose across the curve...

More volatility to close the week, but closing on a positive note for risk assets following reports of possible US permission for Nvidia to sell its H200 chips to China; the three major US indices closed up 0.88-1.1%, following declines in Asia and Europe. Treasuries closed...

A favorable quarterly report from Nvidia brought a very good start to the session for risk assets, particularly equities, with the Nasdaq up more than 2.5% at one point, but the tone changed completely with an aggressive wave of selling after noon, which led the indices to close sharply lower...

Stocks rise after Nvidia rallies ahead of earnings release. Wall Street traders pushed the market higher ahead of earnings from Nvidia Corp, whose bar has been raised amid doubts about whether its revenue will justify the billions of dollars spent on artificial intelligence...

New risk-off session in the markets, being marked by falls of more than 3% in the Nikkei, 1-2% in Europe and in the US they reached more than 2% but recovered to close less than 1% down. Treasuries were safe haven, but ended with only a slight bull steepener, with short yields dropping 4bps...

Global risk-off to start the week, with U.S. equities finishing as the worst performers falling between 0.8-1.2% for the three major indices, following declines of less than 1% in Asia and -0.8% average for European indices as alarm bells continue to sound on high valuations and credit problems....