Rates as of 05:00 GMT Market Recap The rates scream “holiday market.” With the UK and US on holiday today, it appears that traders decided to…
Rates as of 04:00 GMT Market Recap Once again, a fairly constrained FX market. Moves were mostly limited heading into the long weekend (the US and…
Market Recap My Excel crashed yesterday before I saved the tables and so I only have the above table, which is from Bloomberg. Unfortunately, when they…
Rates as of 05:00 GMT Market Recap Boy was I wrong about the Reserve Bank of New Zealand! Not necessarily about what they would decide, but…
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…
Rates as of 04:00 GMT Market Recap A generally “risk-off” day as European stocks fell sharply, and the crypto-currency market imploded. Bitcoin was down more than…
