Rates as of 04:00 GMT Market Recap Evidence is mounting that perhaps the global economy is past the worst. Yesterday’s service-sector purchasing managers’ indices all gained,…
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Rates as of 04:00 GMT Market Recap Many people have wondered recently something along the lines of “how can the stock market be rallying while 30mn…
Rates as of 04:00 GMT Market Recap Riots across America, US-China relations worsening, deaths starting to creep up again as countries emerge from lockdown, mixed China…
Rates as of 04:00 GMT Market Recap A “risk off” day proves extremely negative for USD! US stocks closed up 1.23%. The S&P 500 spent most…
Rates as of 04:00 GMT Market Recap In general it’s a “risk-off” day today. Stocks closed down 0.8% on Wall Street and all Asian markets are…
Rates as of 04:00 GMT Market Recap Collapse of the pound! GBP was the outstanding mover yesterday after Bank of England Gov. Bailey said that the…
Rates as of 04:00 GMT Market Recap As usual, if you tell me what the S&P 500 did yesterday, I can predict pretty well not how…
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…
There’s a discrepancy like I’ve never seen before in the markets nowadays. On the one hand, this is clearly the worst downturn in the economy most…
Rates as of 04:00 GMT Market Recap A wild day for oil! It went from $26.50 on Monday to a low of $15.98 yesterday and now…