Rates as of 05:30 GMT Market Recap A big – but inexplicable – switch from “risk off” to “risk on.” US stocks up, oil up, gold…
Rates as of 06:00 GMT Market Recap The week is starting out with a classic “risk off” move as the unknown and unmeasurable threat of the…
The week just ending saw three central bank meetings: the Bank of Japan, the Bank of Canada and the European Central Bank. What was noticeable about…
Rates as of 05:00 GMT Market Recap Yesterday’s European Central Bank (ECB) meeting was indeed the nothingburger that I predicted. There was little news besides the…
Rates as of 05:30 GMT Market Recap A double whammy for CAD! First off, the Bank of Canada (BoC) statement was extremely dovish, contrary to what…
Rates as of 05:30 GMT Market Recap JPY was the biggest mover on a trade-weighted basis. The move had nothing to do with the Bank of…
Rates as of 05:30 GMT Market Recap The dollar is stronger all around this morning, except vs JPY. USD rose on Friday after US housing starts…
The Pound steadied overnight against the USD after heavy losses. Yet the currency still trades below the psychological level of 1.30 and could give further way to…
1. US/Iran Tensions Intensify Iran’s government is now facing anti-government protests after the Iranian regime admitted that its armed forces unintentionally shot down the Ukrainian passenger…
1. Hard Brexit Fears Keep the Sterling Subdued European stocks started the day on a bearish note on Wednesday following U.K. Prime Minister Boris Johnson’s vow…
