Here are two headlines that make no sense to me:We're not asking other governments outside the price cap coalition to do anythingPotential purchasers of Russian oil need to understand they will be subject...
<p>The oil market has been a significant source of volatility this month as the uncertainty around the OPEC decision and economy dominate flows. Seasonally, October is also a weak month for crude with...
Reuters reports that the US Treasury has asked major banks if it should buy back some US government bonds to improve market liquidity.Note that this isn't the Fed, it's the Treasury. This would...
USD/JPY is up 126 pips in another day of gains and another 32 year high.I wouldn't sleep well on the weekend knowing the MOF or BOJ could come in with the hammer at...
The BOE tried an emergency QE program.The government tried undoing its corporate tax cut.Yet here we are, with gilts fast-approaching the levels were the BOE intervened and Truss did a U-turn. UK 30s...
<p>George dissented in the summer because she didn't want the Fed to hike too fast, so this isn't exactly a departure, but it shows that her thinking hasn't changed and that she will...
