Rates as of 05:00 GMT Market Recap The commodity currencies remain under pressure as markets grow increasingly risk-averse. US stocks fell sharply Friday, with the S&P…
Oh, to be back in Japan now. Next week is Golden Week in Japan. That means there are three consecutive holidays: Tuesday: Constitutional Memorial Day Wednesday:…
Rates as of 05:30 GMT Market Recap That was a surprise! US Q1 GDP was expected to have risen +1.0% qoq SAAR in Q1 but instead…
Rates as of 05:30 GMT Market Recap USD kept powering ahead as US yields rose further. The two-year yield, which is sensitive to expected changes in…
Rates as of 06:30 GMT Market Recap Stock markets continue to lead as Monday’s bounce proved short-lived. There wasn’t necessarily any particular trigger for yesterday’s sell-off,…
Rates as of 06:30 GMT Market Recap The focus now is on China and the prospects of further lockdowns there as COVID-19 cases surge and parts…
Rates as of 06:30 GMT Market Recap French President Macron won a second term, the first French president to achieve that goal in two decades. Preliminary…
The International Monetary Fund (IMF) and World Bank held their annual spring meeting this week. As part of the festivities they released their World Economic Outlook.…
Rates as of 06:30 GMT Market Recap US Fed Chair Powell gave the markets a kick when he suggested the Fed is likely to hike 50…
Rates as of 05:00 GMT Market Recap Rarely have I seen one currency so dominate the day’s activity! Most currencies were little changed – the trade-weighted…
