Rates as of 05:00 GMT Market Recap Volatility remains the name of the game. The NASDAQ index for example was up 1.6% at one point yesterday,…
Rates as of 05:00 GMT Market Recap What a day! The big event of course was the US consumer price index (CPI) for April. As it…
Rates as of 05:00 GMT Market Recap Official comments on fighting inflation dominated trading yesterday. NY Fed President Williams (V) reiterated the Fed’s plan to…
Rates as of 05:00 GMT Russia Russia’s Victory Day parade came and went without the game-changing announcement that many had feared. (I have to say “many…
Rates as of 05:00 GMT Market Recap Friday’s US nonfarm payrolls showed a solid headline figure but some mixed details. On the one hand, the +428k…
In Western Europe, May 8th, the day that the Allies accepted Germany’s unconditional surrender in 1945, is observed as Victory in Europe Day or VE Day.…
Rates as of 05:00 GMT Market Recap GBP was in the spotlight yesterday. The Bank of England hiked 25 bps to 1%, a 13-year high, as…
Rates as of 05:00 GMT Market Recap The Fed did as expected: it hiked the fed funds rate by 50 bps and announced that it will…
Rates as of 05:00 GMT Market Recap Currencies were a bit calmer than usual yesterday ahead of today’s meeting of the Federal Open Market Committee (FOMC),…
Rates as of 05:00 GMT Market Recap AUD was the focus of attention as the Reserve Bank of Australia (RBA) hiked by 25 bps to 0.35%,…
