Rates as of 05:00 GMT Market Recap The first day of November…last January I posted my “New Year’s Resolutions” on my wall facing my desk to…
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I debated whether the title of this week’s piece should be “from ‘transitory’ to ‘persistent’” but decided to go with the above. In any case, the…
Rates as of 05:00 GMT Market Recap Neither the Bank of Japan nor the European Central Bank (ECB) meetings made major waves in the FX market.…
Rates as of 05:00 GMT Market Recap Do I get to skip my comment today? My usual rule-of-thumb is not to talk about any currency with…
Rates as of 05:00 GMT Market Recap Risk-on, risk-off, risk-on, risk-off…the markets are like a cork bobbing on the waves of investor sentiment. Yesterday was a…
Rates as of 05:00 GMT Market Recap One of the big concerns in the markets recently has been that we might be reprising the 1970s “stagflation”…
There are three major central bank meetings next week: the Bank of Canada on Wednesday and the Bank of Japan (BoJ) and European Central Bank (ECB)…
Rates as of 05:00 GMT Market Recap Another odd day when the stock markets and the FX market contradicted each other. Maybe not though – maybe…
Rates as of 05:00 GMT Market Recap Odd movement today, as most stock markets were up (Euro STOXX 50 +0.13%, S&P 500 +0.37%, NASDAQ -0.05%) but…
Rates as of 05:00 GMT Market Recap With stock markets in a happy mood thanks to better-than-expected earnings results (50 of the 57 US companies that…