Rates as of 05:30 GMT Market Recap The Bank of Canada (BoC) hiked 50 bps again, as was widely – almost unanimously – expected (only one…
Author BDSwiss
Rates as of 05:00 GMT Market Recap It seems that much of Tuesday’s action was driven by something that happened Monday afternoon European time that I…
Rates as of 05:00 GMT Market Recap It’s “risk-on” again although I’m puzzled as to what exactly has caused the change in heart. Sometimes the markets…
Rates as of 05:00 GMT Market Recap Risk appetite has come back! See my Weekly Outlook for an explanation. To sum up, financial conditions have tightened…
Something funny has been happening recently. Although inflation rates remain high and inflation expectations are still rising, interest rate expectations have been falling back. The leader…
Rates as of 05:00 GMT Market Recap Well, maybe I will be able to retire eventually after all… Equity market sentiment improved substantially yesterday, with the…
Rates as of 05:00 GMT Market Recap From “transitory” to “expeditiously” In the minutes of the May meeting of the Federal Open Market Committee (FOMC), the…
Rates as of 05:00 GMT Market Recap The star performer overnight was obviously NZD, which jumped based on a more aggressive-than-expected Reserve Bank of New Zealand…
Rates as of 05:00 GMT Market Recap EUR was the leader after European Central Bank (ECB) President Lagarde gave the most specific “guidance” yet about the…
Rates as of 05:00 GMT Market Recap AUD and NZD were the biggest winners since Friday morning. I doubt if this had anything to do with…