Marc Chandler | TalkMarkets | Page 133
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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Political Crises In Europe Rivals Economic Data And Trade To Drive Capital Markets
The end of the Greek assistance program that allowed them to keep their primarily official creditors whole, and the broad expansion in the eurozone, was supposed to usher in a new period of convergence.
Greenback's Advance Narrows
The US dollar was mixed last week. After reaching a four-month high against the JPY111.40, it tumbled slipped below JPY109 by the end of the week, ending an eight-week advance with an exclamation point.
Emerging Markets: What Changed - May 25
The big news in the emerging markets was that President Trump canceled the planned summit with North Korea’s Kim Jong Un. Also, of note, the United Arab Emirates opened up its economy to more foreign investment.
US Dollar Loses Momentum Ahead Of The Weekend
The dollar loses momentum, Tokyo's CPI softened, the euro and sterling rebound in Europe, concern in Italy on the implications of the Five Start Movement-League, The Turkish lira stabilizes, oil prices trending higher and more.
Argentine Stability Remains Tenuous
Argentina has been able to inject some stability into its markets with several aggressive moves. We believe a quick IMF deal followed by adherence to program targets are necessary but not sufficient conditions to make this stability more durable.
Europe's Sovereign Bond-Backed Securities
It has been discussed for several weeks, and today the European Commission unveiled a proposal for a new asset-backed security. The backing would be sovereign bonds weighted by the size of the economy.
Greenback Pushes Lower
The dollar is pulling back; Trump to investigate auto imports; easing of trade tensions with China; and more.
Dollar And Yen Surge, European Data Disappoints
The US dollar has extended its gains against most of the major currencies. Momentum, positioning, and divergence continue to drive it.
Trade Is Important, But Capital More So
Tensions between the world's two largest economies over trade issues have dominated the agenda in recent weeks.
Is Turnaround Tuesday Nearly Over Already?
Corrective forces that took hold in the foreign exchange market yesterday extended their hold today.
The Threat Of The Mini-BoT
Italy's deficit this year was projected to be near 1.8% of GDP. If the cost of the initiatives were paid in full this year, it would likely bring the deficit toward 3% of GDP.
Great Graphic: Euro-Swiss Shows Elevated Systemic Risk
The Swiss National Bank's decision in January 2015 to remove the cap on the Swiss franc (floor on the euro) that it has set at CHF1.20 is seared into the memory of a generation of foreign exchange participants.
Market Response To De-escalation Of Sino-American Trade Tensions: Meh
Asian stock markets were mixed, as exemplified by the rise of the Nikkei (~0.3%) and the decline in the Topix (~-0.1%).
Emerging Markets: Week Ahead Preview May 21
With US rates continuing to move higher, we believe selling pressures on EM FX will remain in play this week. Our recently updated EM Vulnerability Table supports our view that divergences within EM will remain.
Dollar Power
There are several high-level trends in the capital markets. The euro and yen's decline has coincided with sustained rallies in European and Japanese equity benchmarks. Emerging market equities and currencies have been trending lower.
Dollar Surge Continues
The US dollar is experiencing a powerful surge. It is a function of rising US rates and gradually growing confidence that the Federal Reserve may hike rates three more times this year, rather than the two that the median Fed forecast anticipated.
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