It’s a light week on the economic calendar with the S&P PMIs as the only real market movers. I expect more ‘wait-and-see’ from the Fed …
Credit Agricole warns that EUR/USD has rallied too far, too fast, leaving it exposed to multiple downside risks. With market optimism running ahead of fundamentals, …
The opportunity to buy 30-year Treasuries yielding 5% briefly presented itself this week for the fourth time this year. All the other attempts were quickly …
Total rigs down 2 to 576. It’s the third consecutive weekly drop in rigs. The oil market is in flux at the moment as OPEC …
Someone the Federal Reserve system employs 26,000 people. That seems like an awful lot of people to manager currency, process checks and supervise. I think …
The vote failed in the Budget Committee, 16-21. There is a strong belief in markets that they will twist the right arms in order to …
Closing changes on the day: German DAX, +0.2% France’s CAC +0.3% UK’s FTSE 100 +0.6% Spain’s Ibex +0.8% Italy’s FTSE MIB +0.4% On the week: …