Have Central Banks Done Enough?

Trader TV London 

North America

• Equities volumes are lower and spreads are wider, ond volumes are significantly down week-on-week.
• The average cost of credit protection for Financials rose by 0.4%, yet Energy Stocks were up 12.1%
• Germany Inflation data on Wed, BoE interest rate decision, and GDP growth data on Thurs.
• EU axe data, which is within normal ranges, suggests a stronger proportion of EU dealer asks Vs bids of credit
• GDP axe data, within normal ranges, suggests much higher net selling Vs buying of credit.

Europe / UK

• Equities volumes are up and spreads are tighter, whereas bonds ond volumes are lower week-on-week.
• The average cost of credit protection for Financials rose by 7.4% and implied volatility was up 8.7%.
• To look out for Regional banks’ shocks, data on US inflation, and CPI on Wednesday. PPI and Jobless Claims on Thursday.
• US axe data, which is within normal ranges, indicates a higher proportion of asks versus bids of credit.