Rates as of 05:00 GMT Market Recap Rather modest movements in the currency market since Friday morning. The biggest move was in the Turkish lira (TRY),…
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One of the highlights of the coming week will be a web-based conference held by the Bank for International Settlements (BIS): “Innovation Summit 2021: How can…
Rates as of 05:00 GMT Market Recap A relatively calm day ahead of today’s Federal Open Market Committee (FOMC) meeting. Stocks in the US were little…
Rates as of 05:00 GMT Market Recap Well, I was wrong about the European Central Bank (ECB) meeting. I was even wrong about President Lagarde’s scarf!…
Rates as of 05:00 GMT Market Recap On Tuesday I said that the stock market was no longer signalling “risk-on” or “risk-off,” but rather “rotation.” Yesterday…
Rates as of 05:00 GMT Market Recap Hah! All the graphs I showed yesterday morning about the stock market went in the opposite direction Tuesday as…
There’s been a marked change in sentiment in financial markets recently. The change has emanated from the bond market, specifically the US Treasury market, where yields…
Rates as of 05:00 GMT Market Recap It wasn’t what Fed Chair Powell said, it was what he didn’t say that roiled the markets. He acknowledged…
Rates as of 05:00 GMT Market Recap The volatile Treasury market continues to set the pace for other markets. You can see just how volatile it…
Rates as of 05:00 GMT Market Recap Boy what a day! I’ve rarely seen such huge moves in currency rates in a day recently. It’s hard…