Rates as of 05:00 GMT Market Recap The Fed raised rates by 75 bps, as expected. The reaction though was not as expected, at least not…
Rates as of 05:00 GMT Market Recap Currencies are really moving! The widening Japan rate differential with the rest of the world has lifted USD/JPY to…
In Western Europe, May 8th, the day that the Allies accepted Germany’s unconditional surrender in 1945, is observed as Victory in Europe Day or VE Day.…
Oh, to be back in Japan now. Next week is Golden Week in Japan. That means there are three consecutive holidays: Tuesday: Constitutional Memorial Day Wednesday:…
The International Monetary Fund (IMF) and World Bank held their annual spring meeting this week. As part of the festivities they released their World Economic Outlook.…
We heard from three central banks this week: the Reserve Bank of New Zealand (RBNZ), the Bank of Canada (BoC), and the European Central Bank (ECB).…
There are three major central bank meetings next week: the Reserve Bank of New Zealand (RBNZ) and Bank of Canada on Wednesday and the European Central…
Rates as of 06:00 GMT Market Recap Another day of trying to figure out why currencies move. I can’t find any particular reason why NZD did…
Rates as of 05:00 GMT Market Recap The incredible point in the market is the collapse in bond markets. US 5-year yields were up an astonishing…
Rates as of 06:30 GMT Market Recap The main story today is the plunge in the yen. What was particularly noticeable is that USD/JPY moved higher…
