geopolitical events

Insights about the current economic environment with Wall Street veteran Kenny Polcari. Get the facts first on Morning Wire.

The Times Briefing for the Morning of Friday 13th October

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Your morning briefing, the business news you need in just 15 minutes. On today's podcast:

(1) One of the ECB's most influential policymakers says it's "much too early" to consider pausing rate hikes.

(2) British and American Intelligence officials say the Russian President is likely to have approved Prigozhin's Assassination.

(3) Toronto-Dominion Bank says it may face penalties as the result of an investigation by US authorities.

(4) Donald Trump becomes the first former US president in history to have a police photo taken. 

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Most asset classes move in a fairly straightforward manner. They're either going up or down at any given time. But when it comes to currencies it's not that simple. Since they're all traded against each other (the pound vs. the dollar, the pound vs. the euro, the pound vs. the yen) there's always some rising and some falling at any given time. Everything's relative. So what drives these relative movements, and how do traders decide what bets to place? On this week's episode of the Odd Lots podcast, we talk to Ken Veksler, a currency trader, and director of Accumen Management about how this market operates, and how he navigates it.

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