Rates as of 05:00 GMT Market Recap The US news on Friday was what’s called a “Goldilocks” scenario: not too hot, not too cold, but just…
Rates as of 05:00 GMT Market Recap What do you have to do to get any respect around here? The Bank of Canada shocked markets Wednesday…
Rates as of 05:00 GMT Market Recap Rising inflation and expectations of more hawkish central bank response were the two themes moving the market yesterday. First,…
Rates as of 05:00 GMT Market Recap The RBNZ hiked rates 50 bps as expected and promised more. It kept a hawkish stance in the statement…
I’m not a fan of former US Secretary of Defense Donald Rumsfeld, the architect of the US invasion of Iraq. However he did say one memorable…
The FX market usually isn’t that volatile this time of year. Companies are slowing down, finishing up for the year and getting ready for Christmas parties,…
We should’ve known something was up from the speeches made on Nov. 22nd when President Biden reappointed Fed Chair Powell and appointed Gov. Brainard as Vice…
We’ve heard a lot about inflation. Next Thursday is Thanksgiving Day in the US, the biggest national holiday, when much of the country gathers together and…
Inflation is the topic that just keeps on giving. It used to be that every Thursday I’d start panicking. “What should I write about this week?”…
So… the Fed finally tapered! OK, now what do we talk about? Now we start speculating about “lift-off” – the time when they start raising interest…
