Marc Chandler | TalkMarkets | Page 132
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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Dollar And Yen Rise Amid Heightened Anxiety
With what promises to be an acrimonious G7 meeting, from which the isolated US President will depart early, and a broadening pressure in emerging markets, the US dollar turned better bid late yesterday and is recovering further today.
Don't Forget Greece
Developments in Italy and the growing estrangement between the US and Europe, not just over trade, but Russia and Iran as well, are overshadowing the conclusion of the third assistance program for Greece.
Dollar Pullback Extended Against Euro And Sterling
The US dollar is mixed today, but its losses against the euro and sterling are giving it a heavier tone.
Greenback Corrects Lower
The consensus narrative is that with rising inflation it is understandable that next week's meeting is live and that the confirmation of such has lifted the euro to ten-day highs, dragging the dollar broadly.
Europe's Woes Multiply
The Markit group that provides many of the PMI surveys noted with today's reports that the eurozone outlook has "darkened dramatically."
Sterling Jumps Ahead, While US Equities Have Small Coattails
Sterling itself recovered from the around $1.3320 to almost $1.3385 on PMI news.
More Color On Japanese Capital Flows And The Euro
Japanese life insurers have been boosting their euro hedge ratios. It is hard to find timely data, but the earnings reports contained such nuggets that cover the period through March.
Corrective Pressures Weigh On The Dollar
The US dollar is broadly lower as corrective forces that were becoming evident in the second half of last week have carried over into today's activity.
Emerging Markets: Preview Of The Week Ahead - Sunday, June 3
EM FX put in a mixed performance Friday, and capped off an overall mixed week. Over that week, the best performers were IDR, TRY, and INR while the worst were BRL, MXN, and ARS. US yields are recovering and likely to put renewed pressure on EM FX.
Macro Matters Now, Just Not The Data
Investors already accept that the US economy appears to have accelerated in Q2, but the kind of sustained growth Administration officials suggested and assumed (3.0%-4.0%) remains elusive.
Technicals Warn Of Window For Dollar Correction
The dollar's inability to rally ahead of the weekend on the back of a constructive jobs report and a re-pricing of the trajectory of Fed policy may signal that a corrective phase lies ahead.
Greenback's Inability To Rally On Strong Employment Report Is Noteworthy
The US jobs data was stronger than expected and yet the impact on the dollar is modest. The market is as confident of a hike at the June 13 FOMC meeting as it gets about these kinds of things.
Ironic Twists To End The Tumultuous Week
The week is ending quite a bit different than it began. The main banking concern is not in Italy but in German, where shares in Deutsche Bank shares fell to a record low yesterday.
Six Weeks That Could Shake The World
Volatility throughout the capital markets, despite the continued net expansion of central bank balance sheets, as the reduction of the Fed's balance sheet is offset by continued buying by the Bank of Japan and the European Central Bank.
Don't Confuse Calmer Markets With Resolution
The global capital markets that were in panic mode on Tuesday stabilized yesterday, and corrective forces have carried into today's activity.
Great Graphic: Euro Bulls Stir But Hardly Shaken
If the euro sells-off, the pain is felt by the gross longs, not by the net position. Indeed, the including the gross shorts, the net position understates how the market exposure.
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