The Day Today

"The Day Today" - 28 Jan 2014

All eyes on the Turkish central bank tonight with their mysterious midnight emergency meeting. Expectations are of a punchy rate hike, of 250-400bps, to restore some order to the sell-off in the lira….

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"The Day Today" - 24 Jan 2014

Risk aversion rises as EM takes a hit – only this time everyone was short US Tsys now that the Fed is on its way towards the exit of extraordinary stimulus….

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"The Day Today" - 23 Jan 2014

* UK MPC members rush out to tell us the party line from yesterday’s Minutes, that even once the unemployment threshold is breached, there will be “no immediate need” to raise rates

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