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 The two central bank meetings over the last 24 hours were not the main thing pushing the FX market.…
Rates as of 05:00 GMT Market Recap Yesterday’s meeting of the Federal Open Market Committee (FOMC), the rate-setting body of the US central bank, clarified how…
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…
I expect the meeting of the rate-setting Federal Open Market Committee (FOMC) to be pretty routine. I don’t expect much if any change in the statement…
We had the Bank of Canada and the European Central Bank this week. Next week, we get three more major central banks: the Fed (Wednesday), the…
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…
Rates as of 05:00 GMT Market Recap Normally I start my day by looking at the stock markets to see whether we’re in a “risk-on” or…
