Rates as of 05:00 GMT Market Recap Not much action in currencies overnight but a lot in oil. Oil prices rose after US President Biden announced…
Browsing: coronavirus
Rates as of 05:00 GMT Market Recap Financial markets were shaken on Friday by two things. One, three voting members of the rate-setting Federal Open Market…
Rates as of 05:00 GMT Market Recap A fairly quiet day in the currency market, with only EUR and JPY showing movements worth talking about. EUR…
Rates as of 05:00 GMT Market Recap It’s easy to understand why GBP did well yesterday. UK inflation is soaring – up 4.2% yoy from 3.1%…
Rates as of 05:00 GMT Market Recap Better-than-expected US retail sales figures encouraged an optimistic view of the US economy, sending US stocks further into record…
The coming week is relatively light on economic data, as is usual for the second week of the month. That doesn’t mean it’s devoid of excitement…
I’ve avoided talking about the coronavirus much, because I’m an economist, not a doctor or epidemiologist. I prefer to talk about things I know about rather…