Rates as of 05:00 GMT Market Recap The commodity currencies remain under pressure as markets grow increasingly risk-averse. US stocks fell sharply Friday, with the S&P…
Rates as of 05:30 GMT Market Recap That was a surprise! US Q1 GDP was expected to have risen +1.0% qoq SAAR in Q1 but instead…
Rates as of 05:30 GMT Market Recap USD kept powering ahead as US yields rose further. The two-year yield, which is sensitive to expected changes in…
Rates as of 06:30 GMT Market Recap Stock markets continue to lead as Monday’s bounce proved short-lived. There wasn’t necessarily any particular trigger for yesterday’s sell-off,…
Rates as of 06:30 GMT Market Recap The focus now is on China and the prospects of further lockdowns there as COVID-19 cases surge and parts…
Rates as of 06:30 GMT Market Recap French President Macron won a second term, the first French president to achieve that goal in two decades. Preliminary…
Rates as of 06:30 GMT Market Recap US Fed Chair Powell gave the markets a kick when he suggested the Fed is likely to hike 50…
Rates as of 05:00 GMT Market Recap Rarely have I seen one currency so dominate the day’s activity! Most currencies were little changed – the trade-weighted…
Rates as of 05:00 GMT Market Recap Not what I would’ve expected! Yesterday’s preliminary purchasing managers’ indices (PMIs) for the major industrial countries were disappointing across…
Rates as of 05:00 GMT Market Recap How things change! Yesterday the screen was all green when I woke up and I was asking for songs…
