Andrew B. Busch is a Global Currency and Public Policy Strategist at BMO Financial Group, a recognized expert on the world financial markets and how these markets are impacted by political events, and a frequent CNBC contributor.
Today, the Bank of England left rates and quantitative easing on hold as Governor King decides to wait before more additional easing measures are taken and says that the events in Europe are beyond his control. Read More
Today, six central banks acted to reduce funding tensions in the global financial markets. The EUR rallied 200 points, S&P is up 35 and US 10yr yields are up 10bps at 2.07% Read More
There are four potential combination outcomes for the Bank of England and European Central Bank meetings on Thursday. Here's how to trade them. Read More
The euro ministers are working on a restructuring for Greece that includes much larger haircuts for the private sector and that they don’t want to make a payout until this is settled. Read More
Global financial markets continue to be roiled by the complex and alarming newsflow surrounding the European debt crisis. But the trading strategy for the upcoming votes on the bailout is straightforward. Read More
Given the Swiss National Bank's pegging or linking their currency to the EUR at 1.2000 (+10% from spot), the market is now starting to believe there is a possibility that the Bank of Japan will do something similar with the Japanese yen. Read More
We know that Bernanke & Co. have been actively trying to downplay any talk of QE3 and today's WaPo article "Ben Bernanke unlikely to announce big new plans at Jackson Hole is a fine example of this "leaking" process. Read More