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%…
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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,…
Rates as of 05:00 GMT Wheat market I was interviewed this morning by Dubai One TV on the subject of wheat. The price has soared since…
Rates as of 05:00 GMT Did you see the total eclipse of the moon this morning? I’ve never seen one before so I got up at…
Rates as of 05:00 GMT Market Recap Volatility remains the name of the game. The NASDAQ index for example was up 1.6% at one point yesterday,…
Rates as of 05:00 GMT Market Recap What a day! The big event of course was the US consumer price index (CPI) for April. As it…
Rates as of 05:00 GMT Market Recap Official comments on fighting inflation dominated trading yesterday. NY Fed President Williams (V) reiterated the Fed’s plan to…
Rates as of 05:00 GMT Russia Russia’s Victory Day parade came and went without the game-changing announcement that many had feared. (I have to say “many…
Rates as of 05:00 GMT Market Recap Friday’s US nonfarm payrolls showed a solid headline figure but some mixed details. On the one hand, the +428k…
In Western Europe, May 8th, the day that the Allies accepted Germany’s unconditional surrender in 1945, is observed as Victory in Europe Day or VE Day.…