Rates as of 05:00 GMT Market Recap We’ve been watching with trepidation the increase in virus cases in Europe. Now comes something else to worry about.…
Rates as of 05:00 GMT Market Recap As one economist quoted in the paper said, “It is fair to say that we didn’t see that coming.”…
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…
We’ve heard a lot about inflation. Next Thursday is Thanksgiving Day in the US, the biggest national holiday, when much of the country gathers together and…
Inflation is the topic that just keeps on giving. It used to be that every Thursday I’d start panicking. “What should I write about this week?”…
So… the Fed finally tapered! OK, now what do we talk about? Now we start speculating about « lift-off » – the time when they start raising interest…
I debated whether the title of this week’s piece should be “from ‘transitory’ to ‘persistent’” but decided to go with the above. In any case, the…
This week isn’t much for economic indicators, but there are a lot of market-moving events. Politics will be at the fore, with the Canadian federal elections…
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…
The Bank of England is not likely to make any policy changes at its meeting this week. The focus then will be on any changes in…
