Rates as of 05:00 GMT Market Recap The standout feature this morning is the plunge in NZD. This occurred because of one COVID-19 case “in the…
Rates as of 05:00 GMT Market Recap Normally I try to avoid discussing the previous day’s economic indicators, because that’s by definition yesterday’s news and I…
It was 50 years ago today that Nixon met at Camp David with Fed Chair Arthur Burns, incoming Treasury Secretary John Connally, and then Undersecretary for…
Rates as of 05:00 GMT Market Recap US gained against all the majors as Friday’s better-than-expected US nonfarm payrolls boosted expectations of Fed tightening. The headline…
The seemingly inexorable decline in global bond yields continued over the last week. US yields are retesting the recent lows set back in July. In Germany,…
Rates as of 05:00 GMT Market Recap Interesting move today when USD is on top and JPY and CHF are at the bottom. Is USD no…
Rates as of 05:00 GMT Market Recap Monday it was AUD, Tuesday it was NZD’s turn to dominate the market. The markets were already in the…
Rates as of 05:00 GMT Market Recap Sometimes a miss isn’t a miss. Yesterday’s US GDP figure missed estimates by a lot — +6.5% qoq SAAR…
Rates as of 05:00 GMT Market Recap Ah yes…as I said in my weekly, while I’m pretty sure of the kind of statement we’re going to…
Rates as of 05:00 GMT Market Recap A big “risk-off” day as the tech bubble in China deflates. The NASDAQ index hit a record high on…
