Rates as of 05:00 GMT Market Recap I learned in high school geometry class that you need two points to draw a line. Markets often try…
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Rates as of 05:00 GMT Market Recap Tuesday’s market action was in part just a reversal of Monday’s. The safe-haven currencies that gained on Monday (USD,…
Rates as of 05:00 GMT Market Recap I’ve been pretty optimistic about the “soft landing” hypothesis, thanks to the many signs of strength in the US…
Rates as of 05:00 GMT Market Recap I have to admit, as an American citizen, I’m more interested in what went on in the US overnight…
Rates as of 05:00 GMT Market Recap What a shocker! The year-on-year rate of growth in the US consumer price index (CPI) was expected to slow…
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…
In Western Europe, May 8th, the day that the Allies accepted Germany’s unconditional surrender in 1945, is observed as Victory in Europe Day or VE Day.…
Oh, to be back in Japan now. Next week is Golden Week in Japan. That means there are three consecutive holidays: Tuesday: Constitutional Memorial Day Wednesday:…
The International Monetary Fund (IMF) and World Bank held their annual spring meeting this week. As part of the festivities they released their World Economic Outlook.…
We heard from three central banks this week: the Reserve Bank of New Zealand (RBNZ), the Bank of Canada (BoC), and the European Central Bank (ECB).…