Rates as of 05:00 GMT Market Recap Things were looking pretty good yesterday as the New York day started and at one point the S&P 500…
Rates as of 05:00 GMT Market Recap Today I Learned: The Reserve Bank of New Zealand (RBNZ) does not think the same way as the Reserve…
Rates as of 05:00 GMT Market Recap The standout feature this morning is the plunge in NZD. This occurred because of one COVID-19 case “in the…
Rates as of 05:00 GMT Market Recap Normally I try to avoid discussing the previous day’s economic indicators, because that’s by definition yesterday’s news and I…
It was 50 years ago today that Nixon met at Camp David with Fed Chair Arthur Burns, incoming Treasury Secretary John Connally, and then Undersecretary for…
Rates as of 05:00 GMT Market Recap The eagerly awaited US consumer price index (CPI) yesterday had a mixed result: the headline figure was exactly as…
Rates as of 05:00 GMT Market Recap I did point out in my Weekly Outlook that just because it’s August doesn’t mean volatility goes away. On…
Rates as of 05:00 GMT Market Recap Softening global growth expectations and rising virus cases turned into a bad day for commodities. China has instituted border…
The seemingly inexorable decline in global bond yields continued over the last week. US yields are retesting the recent lows set back in July. In Germany,…
Rates as of 05:00 GMT Market Recap Not that much action in FX overnight. While the Euro STOXX 600, S&P 500, and NASDAQ all hit record…
