Rates as of 04:00 GMT Market Recap Increasing tensions with China over TikTok, a rising virus count, downward revision in long-term credit outlook (from “stable” to…
Browsing: European Markets
As gold breaks through the $2,000 level and hits a record high, many traders are asking: has gold gone too far? The answer is that of…
Market Recap The dollar, as measured by the DXY index, fell to its lowest level since May 2018 on a slew of bad US news. Some…
Rates as of 04:00 GMT Market Recap A generally “risk-off” day yesterday with some recent trends reversed. GBP was the best-performing G10 currency, breaking through 1.2900.…
Rates as of 04:00 GMT Market Recap Trump’s sudden decision to order China’s consulate in Houston to close – and headlines suggesting Beijing was considering shutting…
Rates as of 04:00 GMT Market Recap A mixed day for risk in the stock markets, with the S&P 500 up but NASDAQ down and stocks…
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 More optimism on a virus vaccine kept the “risk-on” mood going yesterday. After the encouraging news Tuesday about Moderna’s…