Rates as of 04:00 GMT Market Recap The New York stock market started off on a firmer note, but news that the much-heralded Gilead antiviral drug…
Looking at the economic indicators nowadays is like watching a horror movie: As the heroine goes into the house where the killer is waiting, she’s smiling,…
We’ve seen an unprecedented flurry of activity by central banks and governments around the world, too numerous to catalog. The best summary I’ve seen of measures…
After another bearish week markets seem to calm down a bit as we can also see in the VIX (volatility index) which keeps going lower. Europe…
Rates as of 05:15 GMT Market Recap We’ve seen a veritable parade of central bank and finance ministry (Treasury) actions around the world over the last…
Rates as of 04.50 GMT Market Recap We finally got that round of coordinated moves that the G7 was talking about some time ago. On Friday,…
Rates as of 04:30 GMT Market Recap There’s bad, and then there’s really bad, and then there’s this. This is just a whole new level of…
The GBP recovered after the British government unveiled a 30 billion pound economic stimulus plan yesterday, hours after the BoE slashed interest rates to lift the…
Rates as of 04:30 GMT Market Recap It’s the usual. US stocks collapsed (S&P 500 -4.9%), bringing the YTD fall to 15.2%. Asian stocks all deeply…
A surprisingly strong EUR isn’t helping a eurozone economy which is currently dealing with the effects of the COVID-19 outbreak and could give European Central Bank…
