Day: 24 April 2020

Next Week’s US Data to Show Full COVID Impact

After a week that showcased weakness in the US housing market, analysts and financial market participants should prepare themselves for even more disappointing data next week. The mid-week FOMC meeting gives the Committee an opportunity to offer more consoling words, but any new actions would be even more appreciated. Frankly, though, they may be running […]

Join the Futures for Kids Virtual Fun Run

The Futures for Kids (FFK) foundation has announced it is to replace it’s annual fun run in June with a virtual event. The foundation highlights the desperate need many of its supported charities are in as their sources of funding dry up at the very time they are most needed, as well as the need […]

FMSB Paper Looks at Algo Model Risk

The FICC Markets Standards Board (FMSB) has published the first in a series of papers called Spotlight Reviews, which looks at emerging themes and challenges  in algorithmic trading and machine learning. The series will consider issues of FICC market structure and the impact of regulatory and technological change on the fairness and effectiveness of wholesale […]

German Business Sentiment Plunges

Business conditions in Germany worsened dramatically in April, according to the Ifo Institute, as its closely watched business sentiment index fell to a historic low of 74.3 from a revised 85.9 (86.1) in March. Both current conditions and expectations fell as well, down to 79.5 and 69.4, respectively. Revised March figures for current conditions were […]

Time a Fluid Concept in World of Virus

The coronavirus particle is identical around the world as is the basic physiology of the human organism it has evolved to use as a host, and yet the reaction to its arrival and spread are so different and along timelines that can vary by months. Australia announced Thursday it will keep its borders closed to […]