Rates as of 05:00 GMT Market Recap The star performer overnight was obviously NZD, which jumped based on a more aggressive-than-expected Reserve Bank of New Zealand…
Rates as of 05:00 GMT Market Recap EUR was the leader after European Central Bank (ECB) President Lagarde gave the most specific “guidance” yet about the…
Rates as of 05:00 GMT Did you see the total eclipse of the moon this morning? I’ve never seen one before so I got up at…
Rates as of 05:00 GMT Market Recap Volatility remains the name of the game. The NASDAQ index for example was up 1.6% at one point yesterday,…
Rates as of 05:00 GMT Market Recap What a day! The big event of course was the US consumer price index (CPI) for April. As it…
Rates as of 05:00 GMT Market Recap Official comments on fighting inflation dominated trading yesterday. NY Fed President Williams (V) reiterated the Fed’s plan to…
Rates as of 05:00 GMT Russia Russia’s Victory Day parade came and went without the game-changing announcement that many had feared. (I have to say “many…
Rates as of 05:00 GMT Market Recap Friday’s US nonfarm payrolls showed a solid headline figure but some mixed details. On the one hand, the +428k…
Rates as of 05:00 GMT Market Recap GBP was in the spotlight yesterday. The Bank of England hiked 25 bps to 1%, a 13-year high, as…
Rates as of 05:00 GMT Market Recap The Fed did as expected: it hiked the fed funds rate by 50 bps and announced that it will…
