In Western Europe, May 8th, the day that the Allies accepted Germany’s unconditional surrender in 1945, is observed as Victory in Europe Day or VE Day.…
Author Marshall Gittler
Rates as of 05:00 GMT Market Recap GBP was in the spotlight yesterday. The Bank of England hiked 25 bps to 1%, a 13-year high, as…
Rates as of 05:00 GMT Market Recap The Fed did as expected: it hiked the fed funds rate by 50 bps and announced that it will…
Rates as of 05:00 GMT Market Recap Currencies were a bit calmer than usual yesterday ahead of today’s meeting of the Federal Open Market Committee (FOMC),…
Rates as of 05:00 GMT Market Recap AUD was the focus of attention as the Reserve Bank of Australia (RBA) hiked by 25 bps to 0.35%,…
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,…