Rates as of 05:00 GMT Market Recap It seems that much of Tuesday’s action was driven by something that happened Monday afternoon European time that I…
Rates as of 05:00 GMT Market Recap It’s “risk-on” again although I’m puzzled as to what exactly has caused the change in heart. Sometimes the markets…
Rates as of 05:00 GMT Market Recap Well, maybe I will be able to retire eventually after all… Equity market sentiment improved substantially yesterday, with the…
Rates as of 05:00 GMT Market Recap From “transitory” to “expeditiously” In the minutes of the May meeting of the Federal Open Market Committee (FOMC), the…
Rates as of 05:00 GMT Market Recap The star performer overnight was obviously NZD, which jumped based on a more aggressive-than-expected Reserve Bank of New Zealand…
Rates as of 05:00 GMT Market Recap EUR was the leader after European Central Bank (ECB) President Lagarde gave the most specific “guidance” yet about the…
Rates as of 05:00 GMT Market Recap AUD and NZD were the biggest winners since Friday morning. I doubt if this had anything to do with…
Rates as of 05:00 GMT Market Recap US stocks were at least calmer than they were on Wednesday. The NASDAQ spent most of the day in…
Rates as of 05:00 GMT Market Recap A profit warning hit the target – Shares in US retailier Target Corp. were down as much as 28%…
Rates as of 05:00 GMT Market Recap Quite a remarkable day. It just goes to show that, as I said in my Weekly Outlook last Friday,…
