Market Recap Good news on the vaccine front sparks “risk on” – The coronavirus vaccine developed by Oxford University and AstraZeneca has shown promising results in the…
We heard similar comments from three central banks this week. If I may quote the relevant parts: Bank of Japan: The Bank will continue with “Quantitative…
Rates as of 04:00 GMT Market Recap You may remember the song, “I Don’t Need No Doctor,” which I just found out today is by Ray…
Rates as of 04:00 GMT Market Recap A big “risk-on” day in New York, with the DJIA in particular showing a 2.1% jump (S&P 500 a…
Rates as of 04:00 GMT Market Recap A wild day for sentiment! The NASDAQ opened up 1.1% higher and proceeded to gain to stand +2.0% at…
Rates as of 04:00 GMT Market Recap Not much to say about the FX market this morning, I’m afraid. I just don’t think a movement of…
OK, I admit, the headline should read “To “V” or to “W”, but how could I resist? So far, it looks like a “V” shaped recovery.…
Rates as of 04:00 GMT Market Recap As Yogi Bera said, “it’s tough to make predictions, especially about the future.” I was convinced that with the momentum…
Rates as of 04:00 GMT Market Recap Yesterday was a big “risk-off” day during the European trading day, but by the time New York closed, sentiment…
Rates as of 04:00 GMT Market Recap GBP was the star yesterday ahead of UK Chancellor of the Exchequer Rishi Sunak’s Summer Fiscal Statement, or whatever…
