Charts of the Week

April 01, 2024 - 1 min read

 

In this latest edition of our weekly market update:

  • Stronger economy, higher inflation but same number of cuts?;
  • General dovish guidance from major central banks;
  • With monetary policy divergences set to rise, the phase of low FX volatility is likely ending. The USD could break out higher;
  • After a phase of consolidation, the CNY has likely begun a new depreciation cycle, as the government keeps adding stimulus and the rate differential remains unattractive;
  • Chinese economic data continues to improve;
  • Despite dovish guidance and lower CNY, the 10-year yield can barely decline. Higher long-term rates are likely ahead;
  • March saw two very suggestive cover pages!; and
  • Tech insiders are trimming their holdings at the fastest pace since 2021.

Click here to read our weekly financial markets update report.

 

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