Marc Chandler | TalkMarkets | Page 131
Political Economist
Marc Chandler has been covering the global capital markets in one fashion or another for more than 25 years, working at economic consulting firms and global investment banks. Chandler attended North Central College for undergraduate work, where he majored in political science and the humanities. ...more

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Renewed Confidence In Divergence
The G3 central banks met, and the main take away is that the Federal Reserve will continue to hike interest rates, while the ECB confirmed it is still a year away from its first hike, which will begin with the deposit rate at minus 40 bp.
Emerging Markets: What Changed - Friday, June 15
US-China trade tensions are rising. The US announced 25% tariffs on $50 billion worth of Chinese imports, and China said it would retaliate with "equal scale, equal intensity" on imports from the US.
Dollar Slips While Escalating Trade Tensions May Roil Markets
The Dollar Index edged higher to its best level this year before turning down as market attention shifts from central banks to trade tensions. Reports confirm that the US will go ahead with the 25% tariff on $50 billion of Chinese goods.
Euro Craters After Hawkish ECB
A hawkish ECB saw the euro make a new session high and then turned around and traded below yesterday's lows.
Dollar Punished Ahead Of ECB
The US dollar is slumping against all the major currencies in the aftermath of the hawkish Federal Reserve.
FOMC Signals Two Hikes In H2, Sends Greenback Higher
The Federal Reserve hiked the Fed funds target rate by 25 bp as universally expected, and signaled two hikes are likely to be appropriate in the second quarter.
What If Central Banks Are Not The Main Reason Rates Are Low?
The expansion of central bank balance sheets through the purchase of sovereign bonds pushed and is keeping bond yields low.
Dollar Edges Higher Ahead Of FOMC
The US dollar is trading firmly as the FOMC decision looms. In many ways, the actionable outcome of this meeting has hardly been in doubt this year. By all accounts, the Fed will deliver its second hike of the year today.
The World Cup And Oil
If politics makes strange bedfellows, oil interests appear more paramount. Russia has allied itself with Saudi Arabia's chief rival Iran, with whom it is engaged in proxy wars.
US-Korea Summit Fails To Impress Investors
The US dollar initially rallied in early Asia ahead of the US-North Korea summit but has subsequently shed the gains and more.
Trade, Alliances, And The Summit In Singapore
During the 2016 campaign, it became clear that to take Trump seriously means not to take him literally.
Limited Immediate Impact From Quebec
Following what was the worst G7 summit and US officials pressing their case in the media, investors showed a modest reaction.
Emerging Markets: Preview Of The Week Ahead Starting June 11, 2018
EM FX ended Friday on a mixed note, capping off a roller coaster week for some of the more vulnerable currencies. We expect continued efforts by policymakers to inject some stability. However, we believe the underlying dollar rally remains intact.
The Dollar's Correction May Not Be Over
For the second week in a row, the US dollar moved lower against all the major currencies, save the Japanese yen. Broadly speaking, the technical indicators suggest the greenback's pullback may not be complete.
Busy Week Ahead
The week ahead is eventful. The Federal Reserve, the European Central Bank, and the Bank of Japan hold policy meetings. This would make for a busy week alone, but there is more. Trade tensions are likely to escalate further.
Emerging Markets: What Changed - Friday, June 8
In the EM equity space as measured by MSCI, Qatar, UAE, and Poland have outperformed this week, while Brazil, Turkey and Russia have underperformed. To put this in better context, MSCI EM rose 0.5% this week while MSCI DM rose 1.2%
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