Rates as of 04:00 GMT Market Recap Risk on day today! Nowadays I start my day not by looking at the FX rates but rather by…
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…
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…
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…
Rates as of 04:00 GMT Market Recap Risk on, risk off. Risk off, risk on. That’s basically what it comes down to nowadays. Yesterday was “risk…
