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…
It was 50 years ago today that Nixon met at Camp David with Fed Chair Arthur Burns, incoming Treasury Secretary John Connally, and then Undersecretary for…
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…
