Financial market instability has been in the ascendancy for much of the past few days as investors shunned risk assets and flocked to safe havens such as government bonds. A key catalyst was last Friday’s weaker-than-expected US employment report but there have been other factors - such as the BoJ’s monetary policy - that have amplified investor concerns. In our charts this week we home in on:

·         Financial market volatility

·         US data surprises and the Fed

·         Japan’s carry trade and the BoJ

·         Technology companies and equities

·         US banking conditions and financial imbalances

·         Supply side pressures and monetary policy