Rates as of 05:00 GMT Market Recap The same story as yesterday: both stocks and bonds rallying (although unlike yesterday, commodities were mixed). The S&P 500…
Rates as of 05:00 GMT Market Recap A big reversal day for the commodity currencies & GBP. Alas a terrible day for CAD, which I thought…
Rates as of 05:00 GMT Market Recap It was a “risk-on” day in Europe yesterday as most European stock markets gained. The upward revision to the…
Rates as of 05:00 GMT Market Recap Friday’s US nonfarm payrolls was a “Goldilocks report”, neither too hot nor too cold. The headline figure was better…
With apologies to Tom Cruise, who starred in the famous anti-Vietnam War movie of almost the same name. There’s little excitement next week. Monday is a…
Rates as of 05:00 GMT Market Recap A generally “risk-on” day as US economic data showed the recovery continuing. Jobless claims came in better than expected,…
Rates as of 05:00 GMT It’s the first of July. This year I actually wrote down my New Year’s resolutions and taped them on the wall…
Rates as of 05:00 GMT Market Recap I find that graph of today’s change vs yesterday’s change immensely helpful in figuring out what’s going on…
Rates as of 05:00 GMT Market Recap Once again JPY moved higher even though wise & sagacious analysts with years of experience and profound insight into…
Rates as of 05:00 GMT Market Recap Not much happening in the FX market! GBP’s bad performance is being blamed on the rising virus count. It…
