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 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 Risk on, risk off. Risk off, risk on. That’s basically what it comes down to nowadays. Yesterday was “risk…
Rates as of 04:00 GMT Market Recap Another “risk on” day with US stocks up 0.9% and most Asian markets following suit today. Things were even…
We’ve heard from a number of central banks recently. In fact, we’ve been hearing from central banks almost constantly, in unscheduled meetings as well as scheduled.…
Rates as of 04:00 GMT Market Recap An amazing day! Basically, the Fed abolished free markets. It seized control of the last free corners of the…
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…
The GBP recovered after the British government unveiled a 30 billion pound economic stimulus plan yesterday, hours after the BoE slashed interest rates to lift the…
Rates as of 04:30 GMT Market Recap There was a much better mood in the market yesterday, but it’s fading already. US stocks were up almost…
Rates as of 05:00 GMT Market Recap Generally a “risk on” day after China announced it was considering more stimulus measures to support the economy, such…
