Rates as of 05:00 GMT Market Recap Not much going on in the FX market this morning – overall changes are quite limited. There are only…
We had the Bank of Canada and the European Central Bank this week. Next week, we get three more major central banks: the Fed (Wednesday), the…
Rates as of 05:00 GMT Market Recap Well, I was wrong about the European Central Bank (ECB) meeting. I was even wrong about President Lagarde’s scarf!…
Rates as of 05:00 GMT Market Recap On Tuesday I said that the stock market was no longer signalling “risk-on” or “risk-off,” but rather “rotation.” Yesterday…
Rates as of 05:00 GMT Market Recap The bond market and interest rates continue to dominate the financial markets’ attention. Following Friday’s blowout nonfarm payrolls figure,…
There’s been a marked change in sentiment in financial markets recently. The change has emanated from the bond market, specifically the US Treasury market, where yields…
Rates as of 05:00 GMT Market Recap The volatile Treasury market continues to set the pace for other markets. You can see just how volatile it…
Rates as of 05:00 GMT Market Recap The theme in the market nowadays has been the fight between the market and the central banks over the…
Rates as of 05:00 GMT Market Recap Boy what a day! I’ve rarely seen such huge moves in currency rates in a day recently. It’s hard…
Looking at the performance of currencies so far this year, it looks like a typical “risk-on” move: the commodity currencies have gained, and the safe-haven JPY…
