Rates as of 05:00 GMT Market Recap Clearly there’s only one currency we have to explain this morning. What happened to NZD? Auckland, the country’s largest…
Rates as of 05:00 GMT Market Recap After a few days of large moves, markets were fairly subdued yesterday. The S&P 500 was down 0.24% and…
Rates as of 05:00 GMT Market Recap Not what I would’ve expected! Yesterday’s preliminary purchasing managers’ indices (PMIs) for the major industrial countries were disappointing across…
Rates as of 05:00 GMT Market Recap For all the waiting and wondering about what the European Central Bank (ECB) might do, it doesn’t seem to…
Rates as of 05:00 GMT Market Recap The second graph above tells the story nicely: by and large it was a reversal day in the FX…
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…
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…
Rates as of 05:00 GMT Market Recap Note: The rates above are out of date. Citi has clarified that they only update the data once a…
