The FOMC press release announced that the Fed is not doing anything different for this month. The statement is pretty similar to that before and would be considered a disappointment to those that bought risk on the WSJ and NYT articles of last week. So no new asset purchases, no removal of Interest on Excess […]
Dramatic Market Moves — FIU
A market move of the kind saw at the end of last week is hard to comprehend. Two stories caused the dramatic moves. Firstly both the WSJ and the NY Times ran stories at the beginning of the last week declaring that the FOMC was ready to act at this week’s FOMC meeting. Reading the […]
Where are we going ? — FIU
So where are we and where are we going? Most of the focus remains on the Euro zone and the continual “kicking of the can down the road”. But yesterday also saw some realisation that the situation in the rest of the world is deteriorating as well. China’s Trade Data showed that the strength of […]
Uncertainty is on the up again — FIU
Uncertainty is on the up again. Fixed Income markets have traded in a narrow range over the past weeks after the volatility caused by last month’s US Employment report. It has impacted the Historical Interest Rate volatility. However unlike previous declines in Historical volatilities, the Implied Volatilities over the past few days have reversed any […]
Euro-Summit Surprised
When a broad and unspecific deal is so hard come by- and some have used blackmail- it is much harder to negotiate and fill in the details. This looks like a political deal to keep Monti in power. A long-term road map towards a fiscal union, so no sign of common Eurobonds ” in Merkel’s […]
- « Previous Page
- 1
- …
- 15
- 16
- 17
- 18
- 19
- 20
- Next Page »