One of the hottest debates raging among central bankers – insofar as central bankers rage, which admittedly is not very much – is over negative interest…
Rates as of 04:00 GMT Market Recap Not so fast! When I wrote this comment yesterday morning, everyone was all excited about the news of a…
Rates as of 04:00 GMT Market Recap FX rates were relatively stable – a higher close on Wall Street had little carry over into Asia this…
Rates as of 04:00 GMT Market Recap The Bank of Japan (BoJ) met overnight and as expected removed its JPY 80tn limit on annual purchases of…
There’s a discrepancy like I’ve never seen before in the markets nowadays. On the one hand, this is clearly the worst downturn in the economy most…
It’s hard to be a fundamental analyst of FX markets nowadays. That’s because the fundamentals are all a) pretty much the same for all the currencies…
We’ve seen an unprecedented flurry of activity by central banks and governments around the world, too numerous to catalog. The best summary I’ve seen of measures…
Rates as of 06:00 GMT Market Recap “Volatility” is defined as the dispersion of returns of a security or the degree of variation of a trading…
Usually in this weekly comment I start by discussing the factors that have been moving the market recently and how I think they are likely to…
Rates as of 04.50 GMT Market Recap We finally got that round of coordinated moves that the G7 was talking about some time ago. On Friday,…
