Here is the collection of articles related to Financial Markets
FX, Markets. 23 September, 2012, 2:22 Chinese Yuan strengthens against USD, but PBOC does not seem to like it
While the market price of USDCNY continued to show modest strengthening, PBOC fixing weakened for the week.
Markets, Rates and Bonds. 22 September, 2012, 11:45 Spread between US mortgage rates and agency MBS yields hits record high
While agency MBS yields collapsed on the back of QE-Infinity, lower rates are not passing through mortgage rates.
Commodities, Markets. 21 September, 2012, 17:56 Gold price and central banks’ balance sheet expansion
What does central banks’ balance sheet expansion do to gold prices?
Markets, Stocks. 20 September, 2012, 15:08 Shanghai hits new low again, making the divergence with S&P 500 as glaring as ever
Shanghai hits new low again…
FX, Markets. 19 September, 2012, 22:31 Japanese Yen strengthens despite expansion of asset purchases
Quantitative easing does not necessarily mean weak currencies, as the Japanese Yen shows, once again.
Markets, Stocks. 19 September, 2012, 11:53 Is the market still too optimistic about Chinese corporate earnings?
Despite contracting earnings in the first half, the market consensus is still forecasting growth for the full-year 2012, and strong growth for 2013.
Cross asset, Markets. 19 September, 2012, 1:47 Chinese equities weakened, but steel and iron ore continued to rise
Chinese stocks have weakened again, but the rebound in steel and iron ore has not stopped.
Commodities, Markets. 18 September, 2012, 0:20 Steel and iron ore prices in China rebounded on stimulus, perhaps
Iron ore prices in China have rebounded very strongly.
Cross asset, Markets. 17 September, 2012, 21:20 Diminishing market reactions to unconventional monetary policy
Yields now hardly move on policy announcements, especially if the element of surprise has gone.
FX, Markets. 12 September, 2012, 18:59 Risk-on continues as German Constitution Court says yes to ESM
German Consitutional Court decision and the expectation of QE from the Fed extend the risk-on mode.