Hope everyone is well-rested
New York is back to being five hours behind London and GMT. The North American is light today, so there is plenty of time to ease into the new arrangement.
The post Reminder: North American turned back the clocks on the we…
Barclays ends short-bund recommendation
On October 19, analysts at Barclays recommended shorting German 10-year bunds. It was a bet that yields would rise on the ECB taper.
The post Betting against bonds swallows another trade appeared first on Forex n…
Arrests include one of the world’s richest men
Prince Alwaleed bin Talal, plus at least 10 other princes, four ministers and many former ministers were arrested Saturday night.
The post Arrests threaten major turmoil in Saudi Arabia appeared first…
NY Fed President to retire next year
New York Fed President Bill Dudley could announce his retirement as soon as next week, .
according to CNBC
The 65-year-old will stay on until spring or summer when his replacement is found.
The post Another change c…
Trump really cares about stock prices
Approval ratings might not matter to President Trump but the stock market does.
Trump constantly tweets about record highs in the Dow but it’s not just political spin, he really cares about equity prices.
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