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No Elder Light, no new-grown crescent horns, but air, soil and sea and aether there together
After the epic invocation and the opening description of primordial Chaos (1, 2), Ovid continues the epic narrative by introducing more of the cosmic picture — not only is this before the elements of sea, earth and sky, it is also before the elemental beings or the eldest gods that give shape to the world […]
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A risk worth considering
The story in financial markets is one that has been very much risk on in nature. Stocks have continued to extend their recovery out from the March low, and the S&P500 is now a clear outperformer over the past week. Audio update
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Market more focused on recovery than trade tension
We haven’t seen much change to the trajectory of markets this week. Overall, it continues to be a story of stocks in demand and the US Dollar on offer. Clearly, all of this reflects the big picture risk on flow, with market participants more focused on a swifter recovery post coronavirus, than any trade tension […]
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 107.72 | EURUSD 1.10091 | AUDUSD 0.6624 | NZDUSD 0.61739 | USDCAD 1.37525 | USDCHF 0.96819 | GBPUSD 1.22611 | LMAX Highs and Lows 0500 GMT Highs | Lows EURUSD 1.10355 | 1.10047 USDJPY 107.910 | 107.691 GBPUSD 1.22761 | 1.22493 USDCHF 0.96872 | 0.96771 AUDUSD 0.66361 | […]