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 Another big “risk off” day with the screens a sea of red. US stocks were down 3.4% and every…
Rates as of 05:00 GMT Market Recap The Bank of Canada (BoC) cut its policy rate by 50 bps and left the door open for further…
Rates as of 05:00 GMT Market Recap The Fed surprised the markets with a unanimous inter-meeting 50 bps cut. This followed a conference call among the…
Rates as of 05:15 GMT Market Recap There’s been a huge “risk-on” move in anticipation of some sort of coordinated action to support the global economy…
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 05:45 GMT Market Recap It’s the Emperor’s Birthday today! お誕生日おめでとうございます, Your Majesty! It’s a quintessential “risk off” day today, with gold up an…
Rates as of 05:00 GMT Market Recap Fascinating market move today: JPY and AUD trade-weighted indices are down by the same percentage. It isn’t so rare…
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”…
