New Zealand, India and Thailand were among the latest nations to impose an emergency lockdown in an effort to contain the spread of Covid-19. In Spain,…
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Rates as of 05:00 GMT Market Recap As usual, a wildly volatile day in US stocks leading to a volatile day in currencies as well. The…
Markets have responded positively to the recent US Stimulus and could move higher. US lawmakers agreed to a $2 trillion stimulus bill, which also supports small…
Rates as of 05:00 GMT Market Recap Wow! Today is a WOW day! The S&P 500 was up a whopping 9.4% (ok, so it’s still down…
Asian and European markets bounced this morning as investors reacted positively to the U.S. Federal Reserve’s announced open-ended asset purchase program on Monday, as well as…
Rates as of 05:00 GMT Market Recap Finally, a “risk on” day: stocks are up almost across Asia (except for a few, notably India), in some…
Crude oil prices continued to head lower on Monday as governments escalated lockdowns and demand weakened. Crude tumbled to as low as $20.71 per barrel in…
Rates as of 05:00 GMT Market Recap I have been working in the markets since 1979. I lived through the 1987 crash, the pound crashing out…
After another bearish week markets seem to calm down a bit as we can also see in the VIX (volatility index) which keeps going lower. Europe…
Rates as of 05:15 GMT Market Recap We’ve seen a veritable parade of central bank and finance ministry (Treasury) actions around the world over the last…