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…
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…
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.…