gigachad
no_dataFlash
05:17
Morgan Stanley: Stock-bond correlation approaches historical highsGolden Ten Data, May 27 – According to a report by Morgan Stanley strategists, the rising global bond yields have pushed the stock-bond correlation in developed markets close to historical highs. They stated that, historically, when US Treasury yields break through approximately 4%-5% and European bond yields exceed around 3%-3.5%, higher yields begin to have a negative impact on stock valuations. "Supported by strong earnings growth, risk assets may withstand higher interest rates, but bond volatility remains a medium-term risk." They added that bond volatility is often a greater driver of stock valuations, especially within a six- to twelve-month timeframe.
05:15
The 3-percentage-point US-Japan interest rate spread puts pressure on the yen; USD/JPY shows a bullish technical pattern, with continued focus on the 160 level.The interest rate differential between the US and Japan of 3 percentage points continues to suppress the yen; the technical outlook for USD/JPY remains bullish, with ongoing attention on the 160 level.
05:04
Statistics Finland: Finland's seasonally adjusted unemployment rate in April was 10.6%Finland Statistics Bureau: Finland’s seasonally adjusted unemployment rate for April is 10.6%