The week started with great promise: a G7 Finance Ministers and central bank governors conference call to deal with the coronavirus menace. But what came out…
Rates as of 05:00 GMT Market Recap Well, it wasn’t so long ago that we were bemoaning the fall in volatility in the FX market. We…
Rates as of 05:00 GMT Market Recap Extremely volatile day, with stocks higher and then lower during the day. Currencies moved far more than usual. Oil,…
Rates as of 05:00 GMT Market Recap Worst day for stocks in around two years – US market down 3.35%, Tokyo down similarly this morning, and…
Rates as of 05:00 GMT Market Recap Given the overwhelming impact of the COVID-19 virus on the markets nowadays, we usually have either straight “risk on”…
Market Recap The Reserve Bank of New Zealand (RBNZ) meeting today was much more hawkish than I (and apparently the market, too) had anticipated. I had…
Rates as of 05:00 GMT Market Recap Risk off, risk on – today was risk on. I searched in vain for any particular reason though. It…
Rates as of 06:00 GMT Market Recap More of the same – “risk off” moves sending the safe-haven JPY and CHF higher and the growth-sensitive commodity…
The week just ending saw three central bank meetings: the Bank of Japan, the Bank of Canada and the European Central Bank. What was noticeable about…
Rates as of 05:00 GMT Market Recap Yesterday’s European Central Bank (ECB) meeting was indeed the nothingburger that I predicted. There was little news besides the…
