Rates as of 04:00 GMT Market Recap Fairly quiet in markets this morning. Stocks closed slightly higher in New York and are mostly lower in Asia…
One of the hottest debates raging among central bankers – insofar as central bankers rage, which admittedly is not very much – is over negative interest…
Rates as of 04:00 GMT Market Recap In general it’s a “risk-off” day today. Stocks closed down 0.8% on Wall Street and all Asian markets are…
Rates as of 04:00 GMT Market Recap Collapse of the pound! GBP was the outstanding mover yesterday after Bank of England Gov. Bailey said that the…
Rates as of 04:00 GMT Market Recap Not so fast! When I wrote this comment yesterday morning, everyone was all excited about the news of a…
Rates as of 04:00 GMT Market Recap Stocks soar! S&P 500 up 3.2%, all Asian markets (even India!) up this morning after drugmaker Moderna said the…
Rates as of 04:00 GMT Market Recap The market had a more “risk on” tone this morning as both WTI and Brent traded over $30/bbl. Signs…
Rates as of 04:00 GMT An astonishing disconnect between economic statistics and the markets – Wall Street closes up 1.7% on the day that the absolute…
Markets are getting very excited at the prospect of countries coming out from under lockdown. Investors are assuming that as countries come out of lockdown, economies…
Rates as of 04:00 GMT Market Recap A notably strong rally in the commodity currencies as the rally spread out of the energy complex into a…
