We’re finishing up a really busy week: three central bank meetings and a passel of important economic data. Now comes the deluge: the US general election,…
We’ve got a really busy week coming up, just before one of the busiest weeks I can remember. There are three major central bank meetings –…
This past week was mostly about the European Central Bank, with a sideshow in Britain and something from the Bank of Canada for those who trade…
Rates as of 04:00 GMT Market Recap Volatility is back! US stocks were down sharply, with the NASDAQ off 4.1% and S&P 500 down 2.8%. All…
We heard similar comments from three central banks this week. If I may quote the relevant parts: Bank of Japan: The Bank will continue with “Quantitative…
Rates as of 04:00 GMT Market Recap More optimism on a virus vaccine kept the “risk-on” mood going yesterday. After the encouraging news Tuesday about Moderna’s…
Rates as of 04:00 GMT Market Recap A big “risk-on” day in New York, with the DJIA in particular showing a 2.1% jump (S&P 500 a…
Rates as of 04:00 GMT Market Recap As Yogi Bera said, “it’s tough to make predictions, especially about the future.” I was convinced that with the momentum…
Rates as of 04:00 GMT Market Recap Yesterday was a big “risk-off” day during the European trading day, but by the time New York closed, sentiment…
I’ve been writing FX comments for…well, I don’t want to say how long. Let’s just say that when I first started in this business, I used…
