Rates as of 04:00 GMT Market Recap It was Europe day in the FX market yesterday. I’ve added NOK and SEK to the trade-weighted indices table…
Rates as of 05:00 GMT Market Recap It’s always surprised me that the market keeps reacting to the same news over and over again, as if…
Market Recap No market recap section today. Commitments of Traders (CoT) report Specs once again increased their short USD position. This week most of the action…
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…
Rates as of 05:00 GMT Market Recap Friday’s US nonfarm payrolls report was deeply disappointing. Not only were far fewer jobs created than expected, but also…
I’ve written about it several times in my weeklies recently but it’s my guess I’m going to write about it several more times too. Inflation is…
