Rates as of 04:00 GMT Market Recap Not so fast! When I wrote this comment yesterday morning, everyone was all excited about the news of a…
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Rates as of 04:00 GMT An astonishing disconnect between economic statistics and the markets – Wall Street closes up 1.7% on the day that the absolute…
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…
Since 2017 the market has traded in a range where we currently can observe the upper band can be reached as resistance. Without breaking the current…
Rates as of 04:00 GMT Market Recap It’s “risk on” in Asia this morning despite a slightly lower close on Wall Street yesterday. Most Asian stock…
We have some positive news from the UK where Boris Johnson is set to return back to Downing Street on Monday after having been successfully cured…
Rates as of 04:00 GMT Market Recap Yesterday’s US data was uniformly miserable, yet US stocks managed to close slightly higher (+0.6%) and Asian stocks are…
Rates as of 04:00 GMT Market Recap If you ever wanted proof that a) currencies are not the stock price of a country, and b) right…
Rates as of 05:00 GMT Market Recap Some unusual market divergence today: stocks are very much in a “risk on” mood but the FX market has…
Rates as of 04:00 GMT Market Recap A “risk on” mood dominates this morning even though Wall Street closed lower yesterday in anticipation of a weak…