Rates as of 05:15 GMT Market Recap We’ve seen a veritable parade of central bank and finance ministry (Treasury) actions around the world over the last…
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Rates as of 05:00 GMT Market Recap That didn’t last long! After a one-day rally, stocks plunged further yesterday. The S&P 500 was down 6.3% after…
Rates as of 04:30 GMT Market Recap There’s bad, and then there’s really bad, and then there’s this. This is just a whole new level of…
The GBP recovered after the British government unveiled a 30 billion pound economic stimulus plan yesterday, hours after the BoE slashed interest rates to lift the…
The week started with great promise: a G7 Finance Ministers and central bank governors conference call to deal with the coronavirus menace. But what came out…
Rates as of 05:00 GMT Market Recap The Bank of Canada (BoC) cut its policy rate by 50 bps and left the door open for further…
Rates as of 05:00 GMT Market Recap The Fed surprised the markets with a unanimous inter-meeting 50 bps cut. This followed a conference call among the…
Rates as of 05:00 GMT Market Recap Well, it wasn’t so long ago that we were bemoaning the fall in volatility in the FX market. We…
Rates as of 05:45 GMT Market Recap It’s the Emperor’s Birthday today! お誕生日おめでとうございます, Your Majesty! It’s a quintessential “risk off” day today, with gold up an…
Market Recap The Reserve Bank of New Zealand (RBNZ) meeting today was much more hawkish than I (and apparently the market, too) had anticipated. I had…