Rates as of 04:00 GMT Market Recap I’ve rarely seen such a narrow trading range on a day. The major trade-weighted indices were all within a…
Rates as of 04:00 GMT Market Recap Very much a “risk-on” day today, with almost all stock markets in Asia trading higher at the time of…
During my career, I’ve often felt like Sisyphus: the fellow in Greek mythology doomed to roll a boulder up a hill, only to find that inches…
Rates as of 04:00 GMT Market Recap Yesterday’’ US nonfarm payrolls (NFP) for June massively exceeded expectations, with the US adding 4.8m jobs vs 3.2mn exected.…
Rates as of 04:00 GMT Market Recap It was a “risk-on” day as encouraging news about a possible virus vaccine from Pfizer and BioNTech supported stocks…
Rates as of 04:00 GMT Market Recap The FX market was largely driven by month- and quarter-end flows yesterday. These boosted CAD and GBP. The EUR/GBP…
Rates as of 04:00 GMT Market Recap It was a “risk-on” mood yesterday as an astonishing turnaround in US pending home sales (-21.8% mom in April,…
Rates as of 04:00 GMT Market Recap GBP was the big loser on Friday. It fell in anticipation of more disappointment from this week’s Brexit talks.…
For I have known them all already, known them all: Have known the evenings, mornings, afternoons, I have measured out my life with coffee spoons… The…
Rates as of 04:00 GMT Market Recap Yo-yo markets! Wednesday the S&P 500 was down 2.6% and all the Asian markets were lower, Thursday the S&P…
