Rates as of 04:00 GMT Market Recap Many people have wondered recently something along the lines of “how can the stock market be rallying while 30mn…
The COVID-19 virus has caused an unprecedented shock to the global economy, and with that an enormous shock to the currency markets. Now that the world…
Rates as of 04:00 GMT Market Recap USD down! In today’s topsy-turvy world, this was apparently because of optimism about the global recovery, which boosts the…
Rates as of 04:00 GMT Market Recap A “risk off” day proves extremely negative for USD! US stocks closed up 1.23%. The S&P 500 spent most…
We are getting some positive news from the UK, where seemingly the easing of the lockdown is causing people to increase their spending. While this might…
Rates as of 04:00 GMT Market Recap In general it’s a “risk-off” day today. Stocks closed down 0.8% on Wall Street and all Asian markets are…
Rates as of 04:00 GMT Market Recap Collapse of the pound! GBP was the outstanding mover yesterday after Bank of England Gov. Bailey said that the…
Rates as of 04:00 GMT Market Recap Stocks soar! S&P 500 up 3.2%, all Asian markets (even India!) up this morning after drugmaker Moderna said the…
Rates as of 04:00 GMT Market Recap The market had a more “risk on” tone this morning as both WTI and Brent traded over $30/bbl. Signs…
Markets are getting very excited at the prospect of countries coming out from under lockdown. Investors are assuming that as countries come out of lockdown, economies…
