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 What do you have to do to get any respect around here? The Bank of Canada shocked markets Wednesday…
Rates as of 05:00 GMT Market Recap Rising inflation and expectations of more hawkish central bank response were the two themes moving the market yesterday. First,…
Rates as of 05:00 GMT Market Recap Well, it’s bye-bye Boris! I had expected that his departure would cause some near-term uncertainty and thereby cause the…
Rates as of 05:00 GMT I just want to point out though that more than 40 senior UK officials resigned yesterday, following Chancellor of the Exchequer…
Rates as of 05:00 GMT Market Recap CAD was the big winner overnight and we don’t have to go far to find out why. It seems…
Rates as of 05:00 GMT Market Recap CAD was the big mover since Friday morning. It fell through 1.29 again as oil prices firmed. Of course,…
Rates as of 05:00 GMT Market Recap A more “risk-on” sentiment during the European and US days, with the Euro STOXX 600 index up 0.35% and…
Rates as of 05:00 GMT Market Recap The long-awaited European Central Bank (ECB) meeting was probably the worst-possible outcome for the ECB. The EUR fell, stock…
Rates as of 05:00 GMT Market Recap It seems that much of Tuesday’s action was driven by something that happened Monday afternoon European time that I…
