Market Recap – Earnings season
The US earnings seasons begins today with Citigroup. On Tuesday, it is the turn of JP Morgan, Wells Fargo, Fidelity,…
Market Recap – S&P500 crosses 3000
On the one hand, is the basic low frequency tone. The FED is already decreasing the pace of its balance…
Market Recap – Powell’s testimony
Yesterday, Jerome Powell’s testimony to the Congress reassured the markets that a rate cut is coming. The implied probability for…
Market Recap – UK’s GDP release
Having gone through a prolong time of uncertainty regarding the outcome of UK’s relations with the EU, UK economy is…
Market Recap – USD strengthening
Despite the fact that markets are still pricing a 94% probability of a rate cut on the next FED’s monetary…
Market Recap – Erdogan interferes with the Turkish Central Bank
The Greek general elections and the Turkish President’s decision to replace the country’s central bank governor were the most significant…