Rates as of 05:00 GMT Market Recap JPY continues to strengthen! This is a catastrophe for me as my older daughter is still in university in…
The US just registered two consecutive quarters of “negative growth” – an awkward phrase that means output as measured by Gross Domestic Product (GDP) shrank. (I…
Rates as of 05:00 GMT Market Recap Is the US in recession? Technically, yes – we learned yesterday that Q2 GDP contracted at a 0.9% quarter-on-quarter…
Rates as of 05:00 GMT Market Recap The Fed’s rate decision yesterday – to hike by 75 bps – was in line with market expectations and…
Rates as of 05:00 GMT Market Recap It’s gas, gas, gas today! EUR was the focus as natural gas prices rose 21% to hit their highest…
Rates as of 05:00 GMT Market Recap In Europe, Russia reduced the supply of gas to the Nord Stream 1 pipeline to only 20% of capacity…
Rates as of 05:00 GMT Market Recap The purchasing managers’ indices (PMIs) are in the above table, but it’s easier to see what happened with this…
Early in June I wrote a weekly outlook, Is 50 the new 25? It looks like I was right – the European Central Bank (ECB) said…
Rates as of 05:00 GMT Market Recap A confusing day! European stock markets were mixed, US stocks higher, and Asian stock markets mixed today too –…
Rates as of 05:00 GMT Market Recap A relatively quiet day in the FX market. The seemingly big move in NZD is only big in comparison…
