Rates as of 05:00 GMT Market Recap The Bank of Canada (BoC) cut its policy rate by 50 bps and left the door open for further…
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Rates as of 05:00 GMT Market Recap The Fed surprised the markets with a unanimous inter-meeting 50 bps cut. This followed a conference call among the…
Rates as of 05:15 GMT Market Recap There’s been a huge “risk-on” move in anticipation of some sort of coordinated action to support the global economy…
The plunge on the stock markets also continued for another day leaving investors with a decline of about 15% on average so far for the week…
Rates as of 05:00 GMT Market Recap Well, it wasn’t so long ago that we were bemoaning the fall in volatility in the FX market. We…
Rates as of 05:00 GMT Market Recap Extremely volatile day, with stocks higher and then lower during the day. Currencies moved far more than usual. Oil,…
Rates as of 05:00 GMT Market Recap Another sea of red when I call up the Bloomberg page of stock market indices, although oddly enough once…
Rates as of 05:00 GMT Market Recap Worst day for stocks in around two years – US market down 3.35%, Tokyo down similarly this morning, and…
Rates as of 05:00 GMT Market Recap Fascinating market move today: JPY and AUD trade-weighted indices are down by the same percentage. It isn’t so rare…
The yen is well known as a “safe haven” currency: that is, one that appreciates when there’s some major trouble in the world. This phenomenon is…