DUBAI — The final US election tallies await, but are pointing to Biden winning the presidency, with Trump clearly set to go down fighting. Elsewhere, the last gasp shred of a hope for Democrats in the Senate likely hinges on a miracle in run-off (...)
A great reset of the global debt bubble is upon us. The first steps washed over the currency market with the usual patterns of risk-off behavior and squaring of crowded speculative positions. EM currencies have collapsed, the smaller G10 currencies (...)
FROM intense speculation on how US policy will take shape under President Trump to EU existential questions in a busy election calendar for Europe, currency traders have a veritable laundry list of urgent questions for the year ahead.
As we present (...)
THE strong run-up in interest rates eased markedly just after their latest surge around the Dec. 14 Federal Open Market Committee meeting. So with perfect hindsight, it appears that bond markets saw a sell the rumor, buy the fact pattern around that (...)