Reports are admitted only from public, source-verifiable pages. How Tlines structures a report, grouped by asset, publishing institution or topic below.
Citi argues that interoperability, not platform capability, is the binding constraint on institutional digital finance. Banks have invested over $100B in blockchain since 2020, producing parallel networks, fragmented liquidity and assets that do not move with…
US equities were mixed as financials rotated into tech, with the Nasdaq 100 hitting a record while the Dow fell 0.4%. WTI dropped 5.5% to USD90.52/bbl and Brent fell 1.8% to USD98.53/bbl after Iran signalled the Strait of Hormuz could reopen within seven days…
Euro area September flash PMI rose to a 41-month high of 53.1, beating consensus, with manufacturing firm and services at a 10-month high. The services output price gauge climbed to 56.0, the highest since February 2024, suggesting energy-driven price…
Euro swap rates are not following oil lower as quickly as they rose, reflecting an asymmetric inflation-expectations impact. With Brent near recent highs, the 2Y euro swap sits about 20bp above its level when oil last traded near $100. The ECB's hawkish tone…
This Natixis report, written by Benito Berber and Selin Aker, examines Brazil's upcoming general election and its potential impact on asset prices, particularly the Brazilian Real (BRL). The report is a marketing communication and not independent investment…
Monday's S&P 500 gain of 1.49% was carried by Meta, up 11.34%, while the 30-day index volatility measure moved only 0.41%. Single-stock implieds rose, with VXN up 5.70% to 20.39 and dispersion up 7.83% to 35.79. Correlation fell for a third session, COR3M…
Germany's fiscal plan delivers short-term stimulus without lifting potential growth: the public deficit widens from 3.0% of GDP in 2025 to 4.1% in 2026, peaks at 4.5% in 2027, then eases to 4.2% in 2028 as health and pension reforms tighten social security.…
Polish retail sales rose 3.8% YoY in August, below ING's 5.1% forecast, following 3.9% in July. Durable goods drove growth: vehicles and parts +11.7%, furniture/electronics/appliances +10.6%. Essentials lagged: food and beverages +1.0%, fuels +1.1%, despite a…
Hawkish remarks from non-voting Fed officials Goolsbee and Musalem lifted front-end USD rates even as Brent briefly fell below $100/bbl, breaking the usual oil-dollar link. ING sees near-term dollar upside, with DXY possibly reaching 101.0 by month-end, while…
Wall Street rallied on AI and semiconductor strength, with the Nasdaq Composite closing at a record and the Nasdaq 100 up 2.83%. Meta and AMD led gains, AMD crossing a $1 trillion market value. Oil rebounded after four sessions, Brent at $102 and WTI at…
The US dollar has strengthened after the Fed began tightening, pushing the dollar index back above 100.00 for the first time since early August, with 101.80 as next resistance. The move is supported by a roughly 55bp rise in the 2-year Treasury yield since…
ING argues time is not on France's side: the 10y OAT/Bund spread briefly tightened below 100bp but faces more upside than downside risks. France's €54bn plan to cut the deficit to 5% faces political headwinds, with presidential and legislative elections ahead…
Norges Bank is expected to deliver a final 25bp hike to 4.50% on 24 September, a close call. Core inflation at 3.0% in August undershot the 3.3% projection, but headline CPI at 3.3% exceeded projections. Solid domestic conditions, 4.0% wage growth expected…
UBS CIO argues rising rates alone will not derail equities, as the Fed, ECB, and BoE tighten and the BoJ enters a new policy phase. Resilient growth and robust earnings support staying positioned for upside, with transformational innovation in AI, energy…
The Federal Reserve raised rates by 0.25% to a 3.75%-4% range in a unanimous September decision, framed as an insurance and credibility measure to return inflation to target sooner. Projections imply one further hike by end-2026, then a hold in 2027.…
Natixis argues that Fed Chair Kevin Warsh, a hesitant communicator who avoids forward guidance, has signaled his preferred gauges: inflation breadth, broad financial conditions and alternative underlying-inflation measures such as trimmed mean and median.…
State Street's weekly outlook sees the Middle East energy crisis as the biggest risk to an otherwise constructive macro backdrop, with US midterms raising escalation odds. The Fed hiked 25bp in September and may hold before possibly reversing one hike by…
Oil's roughly $3/barrel decline drove lower sovereign yields across Europe and North America, with major equities up 0.75-1% while the dollar was little changed. Weekend hints of US-China progress precede Thursday's Xi-Trump meeting, though the note flags an…
The Fed raised its funds target range 25bp to 3.75-4.00% unanimously under Chair Warsh, with 16 of 19 members seeing another hike by year-end; BNP expects at least two more, December base case. The BOJ lifted its rate to 1.25%, a 1995 high, but two dissents…
Natixis sees Asian growth bifurcating: China softens and drags exposed sectors, while North Asia, India and parts of ASEAN accelerate. Exports are China's key engine on a competitive real exchange rate, but ageing cuts its growth to around 1% by 2050. Japan's…