Wednesday’s meeting of the rate-setting Federal Open Market Committee (FOMC) was a game-changer for the foreign exchange markets. Having been one of the most relaxed of…
Rates as of 05:00 GMT Market Recap Such a big difference between the market in the beginning of the week and the market at the end!…
Rates as of 05:00 GMT Market Recap There’s a saying, “He who lives by the crystal ball has to learn to eat glass.” I had a…
Rates as of 05:00 GMT Market Recap Another riveting day in the thrilling FX market. Given the volatility we’ve seen, one might be lulled into thinking…
Today the US Bureau of Labor Statistics (BLS) releases the producer price index (PPI). With the market’s attention focused firmly on the outlook for inflation, this…
Rates as of 05:00 GMT Market Recap A generally “risk-on” day in financial markets as global stock markets moved further into record territory while bond markets…
It shouldn’t have surprised me, but it did. In fact it amazed me. Thursday’s US consumer price index was expected to be up 4.7% yoy –…
Rates as of 05:00 GMT Market Recap One of the best-known market apothegms is that “the market can remain irrational longer than you can remain solvent.*”…
Rates as of 05:00 GMT Market Recap Another day of limited movement in financial markets. US stocks were even more becalmed than the FX market –…
The big issue to be decided at Thursday’s ECB meeting is the pace of bond purchases in their Pandemic Emergency Purchase Programme (PEPP). Just to remind…
