I don’t know if it was in the original Dickins book, but Oliver Twist’s famous line from the movie, “Please sir, I want some more” might…
Rates as of 04:00 GMT Market Recap The S&P 500 opened slightly higher on Friday but couldn’t hold and by midmorning was down 3%. However it…
Two weeks ago, we were all waiting to hear what Fed Chair Jay Powell would say about the US central bank’s rethink of its monetary policy…
Rates as of 04:00 GMT Market Recap Yesterday morning I said markets had gone up for no discernable reason on Wednesday. They fell for the same…
Rates as of 04:00 GMT Market Recap We finally got the retracement in oil and CAD that I was expecting a few days ago, but with…
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 generally a “risk-on” mood in FX yesterday even though US stocks struggled and closed lower. EUR led…
Rates as of 04:00 GMT Market Recap Many people have wondered recently something along the lines of “how can the stock market be rallying while 30mn…
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…
We’ve heard from a number of central banks recently. In fact, we’ve been hearing from central banks almost constantly, in unscheduled meetings as well as scheduled.…
