What is driving Europe’s yield decoupling?

There aren’t any major expiries to take note of on the day, with the full list seen below. The market mood as we look towards European trading later is more defensive with all eyes on the rout in tech shares. It is a bloodbath in Asia and while European indices may not be as tech…

Prior 187K (revised to 188K) Continuing claims 1782K vs 1795K expected Prior 1796K (revised to 1789K) US initial jobless claims came in at 197K, below the 200K consensus estimate, while the previous week’s reading was revised up slightly to 188K from 187K. Continuing claims also surprised to the downside at 1.782 million compared to expectations…

Thanks to Refine.ink, ChatGPT 5.6 Sol and Claude Fable 5 for valuable research assistance. Responsibility for all errors remains my own. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research. Joshua S. Gans Joshua Gans has drawn on the findings of…

Gold hits seven week high as weak US jobs data cuts rate hike odds. What’s next? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

After an unimpressive 2.8% Social Security cost-of-living adjustment (COLA) this year, followed by months of high inflation, you’re not alone in hoping that the 2027 COLA will bring better news. We’re still a few months away from the official announcement, but projections have already been circling for nearly a year. The Senior Citizens League (TSCL),…

DBS economists Taimur Baig and Radhika Rao expect the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.00% in August, extending the pause after June’s unanimous decision. They cite uneven economic growth, easing but still elevated headline inflation within the 1–3% target range, and scope for accommodative policy to support recovery alongside…