Marc Chandler | TalkMarkets | Page 168
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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Eerie Calm Shrouds Markets
The VIX, the volatility of the S&P 500, is sometimes touted as a "fear index." Today is it extending its push below 9%, to fall to its lowest in nearly a quarter of a century.
Dollar Firms Amid Position Adjustments
The dollar is up for the third day against the yen, and in the past 17 sessions, has only fallen four times. Over this period, the US 10-year premium has risen by about 20 bp to 2.35%.
Great Graphic: Trade-Weighted Dollar
While the euro and sterling are important currencies, their strength overstates the weakness of the US dollar. The Federal Reserve's measures of the trade-weighted dollar are calculated on a monthly basis.
ASEAN's Two Suitors Post-TPP
Japanese interest in regional swap lines is not simply about the underlying competition with China. It is about ensuring that Japan's customers have access to the yen, which serves Japanese business interest.
Euro Bought On Rumor, Sold On Fact
The euro initially opened higher in Asia following confirmation that Macron was elected the next president of France, but quickly fell below $1.0960 before bouncing back toward $1.10.
Emerging Markets Preview - May 7, 2017
EM FX got some limited traction as the week closed, helped by stabilizing commodity prices. However, oil, copper, and iron ore have all broken important technical levels that suggest further weakness ahead.
Dollar Drivers In The Week Ahead - Sunday, May 7
The rise in US interest rates and the related increase in dollar's exchange value was an integral part of how the global recovery was to strengthen.
Euro Shorts Covered, Yen Longs Liquidated
Speculators liquidated 11.0k long yen futures contracts to 37.5k contracts. The gross short speculative position fell to 68.0 contracts, a 7.4k decline.
Correction Of Yen Crosses Generates Conflicting Dollar Pressure
It is difficult to talk about a weak US dollar when in recent days it has made new 6-week highs against the Yen, 14-month highs against the Canadian dollar, 4-month highs against the Australian dollar, and 5-month highs against the New Zealand dollar
Emerging Markets: What Has Changed - Friday, May 5
Relations between China and North Korea appear to be worsening. Pyongyang issued a rare criticism of China by saying “reckless remarks” on North Korea’s nuclear program are testing its patience, which in turn could trigger “grave” consequences.
April Jobs Won't Change Minds
The US created 211k net new jobs in April, a sharp bounce back from the downwardly revised 79k gain in March.
Mixed Dollar Ahead Of US Jobs Data And Fed Talk
The US dollar is narrowing mixed as the employment data, and Fed speeches are awaited.
Euro Trades Higher, Approaches Key Area
Despite the hawkish hold of the FOMC yesterday and increased confidence of a June hike, the euro is making new highs against the dollar since the US election last November.
Thoughts On The US Work Week And Productivity
Weak wage growth means that it may be economical to hire people to perform low productivity activity. Employment then expands in such areas and lower the aggregate measures. This depresses capital investment and productivity.
Greenback Struggles To Sustain Upticks, Though Odds Of June Hike Rise
The US dollar is struggling to maintain even modest upticks against the euro and sterling despite the recognition of the increased likelihood of a June Fed hike.
Fed Skips May And Looks To June
The Federal Reserve dislikes surprising the market and it refrained from doing so today. Policy was unchanged and the Fed saw the weakness in Q1 as being transitory. There were no dissents and no fresh insight into its balance sheet strategy.
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