Rates as of 04:00 GMT Market Recap The EU Summit scheduled for Friday and Saturday is still going on! Talks continued on Saturday and Sunday and…
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We heard similar comments from three central banks this week. If I may quote the relevant parts: Bank of Japan: The Bank will continue with “Quantitative…
Rates as of 04:00 GMT Market Recap More optimism on a virus vaccine kept the “risk-on” mood going yesterday. After the encouraging news Tuesday about Moderna’s…
Rates as of 04:00 GMT Market Recap A big “risk-on” day in New York, with the DJIA in particular showing a 2.1% jump (S&P 500 a…
Rates as of 04:00 GMT Market Recap Not much to say about the FX market this morning, I’m afraid. I just don’t think a movement of…
Rates as of 04:00 GMT Market Recap Very much a “risk-on” day today, with almost all stock markets in Asia trading higher at the time of…
During my career, I’ve often felt like Sisyphus: the fellow in Greek mythology doomed to roll a boulder up a hill, only to find that inches…
Rates as of 04:00 GMT Market Recap Yesterday’’ US nonfarm payrolls (NFP) for June massively exceeded expectations, with the US adding 4.8m jobs vs 3.2mn exected.…
Rates as of 04:00 GMT Market Recap It was a “risk-on” day as encouraging news about a possible virus vaccine from Pfizer and BioNTech supported stocks…
Rates as of 04:00 GMT Market Recap GBP was the big loser on Friday. It fell in anticipation of more disappointment from this week’s Brexit talks.…