Rates as of 05:00 GMT Market Recap A generally “risk-on” day as fears about inflation subside somewhat and investors calm down about potential Fed tightening, at…
This past weekend was the eighth anniversary of the famous 2013/14 “taper tantrum.” In light of the fact that last week’s minutes of the April meeting…
Rates as of 04:00 GMT Market Recap Is the European recovery already priced in? Most of Friday’s preliminary purchasing managers’ indices (PMIs) beat expectations handily, except…
There were three notable points in the market over the last week that bear discussion, so this week I’m going to address several issues. 1) The…
Rates as of 05:00 GMT Market Recap Markets – or investors, I should say – just can’t make up their minds. After a big “risk-off” day…
My weekly last week was entitled “The Market Disagrees with the Fed on Inflation.” I could’ve used the same headline this week. In fact, I think…
Rates as of 05:00 GMT Market Recap While fear of inflation has been driving markets recently, things went into reverse yesterday despite yet another surprisingly strong…
Rates as of 05:00 GMT Market Recap A bad, bad day for risk assets. European stocks closed somewhat higher on optimism about economic reopenings and the…
Rates as of 05:00 GMT Market Recap The theme of the day was “risk-off” as investors anticipated a worrisome US consumer price index (CPI) reading today…
Rates as of 05:00 GMT Market Recap This is one day when I don’t have to scramble to find out what was moving the FX market…Following…
