Inflation is the topic that just keeps on giving. It used to be that every Thursday I’d start panicking. “What should I write about this week?”…
Rates as of 05:00 GMT Market Recap It was a relatively quiet day yesterday with several markets closed for Veteran’s Day. The only two currencies that…
Rates as of 05:00 GMT Market Recap Yesterday I included a graph of the Citi inflation surprise indices and pointed out that inflation had surprised on…
Rates as of 05:00 GMT Market Recap Rarely have I seen a day when two currencies stood out like this. Looking at the timing of the…
Rates as of 05:00 GMT Market Recap I have to say I’m astonished at today’s outperformance of GBP. I can only assume it’s simply some profit-taking…
Rates as of 05:00 GMT Market Recap Clearly there’s only one currency we have to explain this morning. What happened to NZD? Auckland, the country’s largest…
So… the Fed finally tapered! OK, now what do we talk about? Now we start speculating about “lift-off” – the time when they start raising interest…
Rates as of 05:00 GMT Market Recap Well we now know what the theme song of the Bank of England is! (You’ll have to click the…
Rates as of 05:00 GMT Market Recap Fed decision: The Fed yesterday announced that it would taper down its monthly bond purchases, to no one’s surprise.…
Rates as of 05:00 GMT Market Recap The market giveth, the market taketh away. Yesterday CHF was the #1 performer, today it’s at the bottom of…
