Day: 7 April 2020

EM Exchange Rates, Bonds Amid Pandemic

The Bank for International Settlements (BIS) today released a BIS Bulletin entitled “Emerging Market Economy Exchange Rates and Local Currency Bond Markets Amid the Covid-19 Pandemic” written by staff members Boris Hofmann, Ilhyock Shim and Hyun Song Shin. Among the key findings in the report, the authors say portfolio investors face amplified losses as local […]

US Feb JOLTS Points to Pre-Covid Slowdown

Openings, Hiring Slow Even Before Virus; Layoffs to Surge in March The US Bureau of Labor Statistics’ monthly JOLTS report, released Tuesday morning, showed that job openings and hiring conditions slowed in February and layoffs rose, even before the full Covid impact. Job openings fell to 6.882 million in February from 7.012 million in January, […]

Markets Conclude – For Now – The Future is Assured

The stock markets went up, up and up Monday and President Trump said he had a “warm” conversation with Joe Biden. True or False? Somehow part of the world slipped into a parallel and intensely positive universe Monday, particularly surprising at the beginning of what every expert and the president says is going to be […]

Integral’s TrueFX Records First Trades

Integral says that its TrueFX network has executed the first set of disclosed trades between FXCM, AxiCorp, Velocity Trade and electronic market makers. The platform has been designed, Integral says,  to provide all market participants with direct access to FX liquidity through a single point of credit intermediation and technology integration. Delivered in a cloud […]