The COVID-19 virus has caused an unprecedented shock to the global economy, and with that an enormous shock to the currency markets. Now that the world…
Rates as of 04:00 GMT Market Recap Risk on day today! Nowadays I start my day not by looking at the FX rates but rather by…
Rates as of 04:00 GMT Market Recap Fairly quiet in markets this morning. Stocks closed slightly higher in New York and are mostly lower in Asia…
One of the hottest debates raging among central bankers – insofar as central bankers rage, which admittedly is not very much – is over negative interest…
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…
We would keep an eye on Silver today, which has underperformed substantially compared to Gold in the past few weeks. With prices still below the $20.00…
Rates as of 04:00 GMT Market Recap Stocks soar! S&P 500 up 3.2%, all Asian markets (even India!) up this morning after drugmaker Moderna said the…
Rates as of 04:00 GMT Market Recap The market had a more “risk on” tone this morning as both WTI and Brent traded over $30/bbl. Signs…
Rates as of 04:00 GMT An astonishing disconnect between economic statistics and the markets – Wall Street closes up 1.7% on the day that the absolute…
Markets are getting very excited at the prospect of countries coming out from under lockdown. Investors are assuming that as countries come out of lockdown, economies…
