Rates as of 05:00 GMT Market Recap Not much going on in the FX market this morning – overall changes are quite limited. There are only…
Rates as of 05:00 GMT Market Recap CAD is in focus this morning as USD/CAD hits a three-year low (lowest since February 2018 = highest for…
We had the Bank of Canada and the European Central Bank this week. Next week, we get three more major central banks: the Fed (Wednesday), the…
Rates as of 05:00 GMT Market Recap Well, I was wrong about the European Central Bank (ECB) meeting. I was even wrong about President Lagarde’s scarf!…
Rates as of 05:00 GMT Market Recap On Tuesday I said that the stock market was no longer signalling “risk-on” or “risk-off,” but rather “rotation.” Yesterday…
Rates as of 05:00 GMT Market Recap Hah! All the graphs I showed yesterday morning about the stock market went in the opposite direction Tuesday as…
Rates as of 05:00 GMT Market Recap Normally I start my day by looking at the stock markets to see whether we’re in a “risk-on” or…
Rates as of 05:00 GMT Market Recap The bond market and interest rates continue to dominate the financial markets’ attention. Following Friday’s blowout nonfarm payrolls figure,…
There’s been a marked change in sentiment in financial markets recently. The change has emanated from the bond market, specifically the US Treasury market, where yields…
Rates as of 05:00 GMT Market Recap It wasn’t what Fed Chair Powell said, it was what he didn’t say that roiled the markets. He acknowledged…
