Rates as of 05:00 GMT Market Recap A day of small moves except as you can see for two currencies: NZD and CHF. NZD rose after…
Market Recap I was off last week learning to scuba dive, a childhood dream of mine. I had tried twice before and hated it both times…
The schedule next week is relatively quiet. The big feature will be the Fed’s annual get-together at the resort of Jackson Hole, Wyoming. As it says…
Rates as of 05:00 GMT Market Recap So the Fed is going to taper down its aid to the US economy as the delta variant surges…
Rates as of 05:00 GMT Market Recap Things were looking pretty good yesterday as the New York day started and at one point the S&P 500…
Rates as of 05:00 GMT Market Recap Today I Learned: The Reserve Bank of New Zealand (RBNZ) does not think the same way as the Reserve…
Rates as of 05:00 GMT Market Recap The standout feature this morning is the plunge in NZD. This occurred because of one COVID-19 case “in the…
Rates as of 05:00 GMT Market Recap Normally I try to avoid discussing the previous day’s economic indicators, because that’s by definition yesterday’s news and I…
Rates as of 05:00 GMT Market Recap The second graph above tells the story nicely: by and large it was a reversal day in the FX…
Rates as of 05:00 GMT Market Recap The eagerly awaited US consumer price index (CPI) yesterday had a mixed result: the headline figure was exactly as…
