Rates as of 05:00 GMT Market Recap As central bank rhetoric on inflation gradually changes from “transitory” to “persistent,” investors have been bringing forward their expected…
Rates as of 05:00 GMT Market Recap Does the dog wag the tail or does the tail wag the dog? Which is the dog and which…
The world of dew is a world of dew. And yet, and yet— Haiku by Kobayashi Issa, 1763-1827 One of the main themes of Japanese aesthetics…
Rates as of 05:00 GMT Market Recap The big event yesterday was the US consumer price index (CPI) for September. It proved a bit higher than…
Rates as of 05:00 GMT Market Recap After a few days of large moves, markets were fairly subdued yesterday. The S&P 500 was down 0.24% and…
Rates as of 05:00 GMT Market Recap A major “risk-on” day in the FX market, as you can tell from the fact that AUD is at…
Rates as of 05:00 GMT Market Recap Huge moves in FX and not what one might’ve expected. Friday’s disappointing US nonfarm payrolls (NFP) wasn’t disappointing enough…
The mantra of many of the major central banks is that the current unusually high rate of inflation is just “transitory.” Here’s what a few central…
Rates as of 05:00 GMT Market Recap With the US debt crisis averted and natural gas prices off their highs, risk appetite came back yesterday. Stock…
Rates as of 05:00 GMT Market Recap Is the furor in the energy market over? There were some dramatic moves in natural gas yesterday. Not so…
