October 6, 2021

Equity markets closed out a very bleak September, with further equity losses to contend with and a dark outlook for the fourth and final quarter.

US Bond Yields hit a fresh 15-year high overnight, touching 4.675%, but drifted lower towards the close. German inflation data for September was in line

US equities continue to tumble as inflation fears persist. Energy prices are soaring, once again, driving inflationary pressures. Oil blew through US$93/barrel, a direct result

US and European Bond Yields continued to push northwards, up to levels not seen in many years. This is a warning signal to markets and

Bond yields in the US continued to rise higher, hitting highs not seen since 2007, endorsing the ‘higher for longer’ mantra. Energy prices are rising

US equity markets closed out a very gloomy trading week, which was dominated by Central Banks and their monetary policy decisions. The Fed left rates

Markets digested the Fed interest rate decision and a slew of European Central Bank monetary policy decisions and decided that it was heading negative. Equities

The Federal Reserve left rates unchanged, but indicated a further rate rise was likely in this calendar year, with interest rates remaining ‘higher for longer’.

EU inflation was slightly softer than expected, dipping to 5.2%, but remains at far too higher levels. Canadian inflation jumped up to 4%, from 3.3%,

A quiet start to what could be a very busy week, as the Fed leads out the Swiss National Bank and the Bank of Japan,