November 14, 2025
The week ended with a wave of selling in Asian and European equities, whose indices fell more than 1%, infecting the start of the US session where the Nasdaq fell almost 2% at the opening but then we saw a significant wave of buying that led both the Nasdaq and the S&P to close flat. In fixed income, we also saw selling, with yields rising in both Europe and the US by 3-4bps...