Markets await US Jobs report
The “Emperor’s New Clothes” by Hans Christian Andersen tells of a pair of dishonest weavers…
Author Karl Schamotta
Karl Schamotta
Director, FX Strategy and Structured Products at Cambridge Mercantile Group.
Lowered Expectations
The situation certainly doesn’t rival the old MadTV sketches for entertainment value, but a diminished…
Crude Awakening
After Saudi Arabia resumed its bombing campaign over Yemen yesterday, oil prices are sitting near…
Greece Between Scylla and Charybdis
In the ancient epic poem known as the Odyssey, the Greek king Odysseus was forced…
Correction Fluid
It is a truth universally acknowledged, that a currency in possession of a strong performance…
Of Mice and Yemen
“War”, the satirist Ambrose Bierce once said, “is God’s way of teaching Americans geography”. The…
Against the Herd
“Men, it has been well said, think in herds; it will be seen that they…
In Like A Lion
The American job market is roaring ahead. According to non-farm payroll numbers released this morning,…
Buy America
The Almighty Dollar is looking almost unstoppable. As we go to pixels, the oft-maligned global…
Pipping Ain’t Easy
Currencies are trading within remarkably tight ranges this morning, with traders ignoring broader themes to…