OK, I admit, the headline should read “To “V” or to “W”, but how could I resist? So far, it looks like a “V” shaped recovery.…
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Rates as of 04:00 GMT Market Recap Yesterday was a big “risk-off” day during the European trading day, but by the time New York closed, sentiment…
Rates as of 04:00 GMT Market Recap GBP was the star yesterday ahead of UK Chancellor of the Exchequer Rishi Sunak’s Summer Fiscal Statement, or whatever…
Rates as of 04:00 GMT Market Recap Yesterday’’ US nonfarm payrolls (NFP) for June massively exceeded expectations, with the US adding 4.8m jobs vs 3.2mn exected.…
Rates as of 04:00 GMT Market Recap It was a “risk-on” day as encouraging news about a possible virus vaccine from Pfizer and BioNTech supported stocks…
The sterling held on firmly to the previous session’s gains today, despite worries about Britain’s trade negotiations with the European Union. There is room for a…
Rates as of 04:00 GMT Market Recap It was a “risk-on” mood yesterday as an astonishing turnaround in US pending home sales (-21.8% mom in April,…
Rates as of 04:00 GMT Market Recap GBP was the big loser on Friday. It fell in anticipation of more disappointment from this week’s Brexit talks.…
For I have known them all already, known them all: Have known the evenings, mornings, afternoons, I have measured out my life with coffee spoons… The…
Rates as of 04:00 GMT Market Recap Yo-yo markets! Wednesday the S&P 500 was down 2.6% and all the Asian markets were lower, Thursday the S&P…