Rates as of 04:00 GMT Market Recap I’ve rarely seen such a narrow trading range on a day. The major trade-weighted indices were all within a…
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…
The sterling held on firmly to the previous session’s gains today, despite worries about Britain’s trade negotiations with the European Union. There is room for a…
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.…
For I have known them all already, known them all: Have known the evenings, mornings, afternoons, I have measured out my life with coffee spoons… The…
Rates as of 04:00 GMT Market Recap People are getting worried about the virus again. It seems that the “second wave” has arrived even before the…
Rates as of 04:00 GMT Market Recap FX markets were largely driven by dollar weakness as yesterday’s flash purchasing managers’ indices (PMIs) showed that the pace…
