Markets in 5 Charts – Week Ending 2/3/23

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Weekly Headlines:

A macro week as FED raises rates another 25 bps, in line with consensus. Markets rallied following Powell’s comments. Both the ECB and BoE raised rates 50 bps. A big surprise on the week was Non Farm Payrolls data showing 517k jobs created against a consensus estimate of 185k.

Flows:

Charts

Bit of a sell off on Friday leaves assets near flat on the week.

Dollar finds footing on Friday as well.

Oil weakness continues on.

Curve sees a bit of a parallel shift lower as of Thursday.

More spread tightening in bond markets.

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