Access the paperGreifen Sie auf das Papier zuAccéder au papier
Mankind invented a system to cope with the fact that we are so intrinsically lousy at manipulating numbers. It's called the graph.
- Futures markets gradually priced in a 75b hike by the ECB over the course of the week - so the actual decision to lift rates relatively aggressively didn’t come as a surprise.
- Equities held up well in the face of policy tightening and closed sharply higher on Friday.
- With most markets ending the week higher, China became the great underperformer again as restrictions have become fiercer ahead of the October National Congress of the CCCP.
- Producer Prices and CPI in China dropped stronger than expected on the back of normalising energy prices and spending impacted by lockdowns - a development sending mixed signals to the world.
- In Europe, only Telcos and Energy stocks ended the week lower, with talks about potential EU price curbs on energy prices dominating headlines.
Please click below to access the complete report.
No items found.