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 Market Recap The market had a more “risk on” tone this morning as both WTI and Brent traded over $30/bbl. Signs…
Rates as of 04:00 GMT Market Recap Commodity currencies once again led the way in a “risk on” market driven by sentiment about the virus. Investors…
Rates as of 04:00 GMT Market Recap FX rates were relatively stable – a higher close on Wall Street had little carry over into Asia this…
Rates as of 04:00 GMT Market Recap The oil market remained the focus of attention as the expiring May futures for West Texas Intermediate (WTI), the…
Rates as of 04:00 GMT Market Recap Another “risk on” day with US stocks closing up 3.4% and most Asian markets higher this morning. US investors…
Rates as of 04:00 GMT Market Recap Yesterday morning I suggested that the end of Q1 and the portfolio rebalancing flows would give us a clearer…
Rates as of 04:00 GMT Market Recap US stocks up nicely (3.4%) overnight and were indicated up +0.2% when I started writing this comment this morning.…
Rates as of 05:00 GMT Market Recap Collapse of the dollar! It’s happening just as I expected. Now that the surge in demand for dollars overseas…
Rates as of 05:00 GMT Market Recap Wow! Today is a WOW day! The S&P 500 was up a whopping 9.4% (ok, so it’s still down…