Marc Chandler | TalkMarkets | Page 169
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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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.
Corporate Cash, Taxes And US Treasury Yields
A majority of Federal Reserve officials expect that conditions will warrant two more hikes this year. That would put the Fed funds target range at 1.25%-1.50% at year-end.
Marking Time - Wednesday, May 3
The global capital markets are relatively calm. Japan, South Korea, and Hong Kong markets are closed for national holidays. Investors await the FOMC statement, though expectations could not be much lower.
Dollar And Yen Heavy, Equities Trade Higher And Bonds Lower
The US dollar is sporting a softer profile against most of the major and emerging market currencies. The Japanese yen is the main exception.
May Day Calm
The yen is the weakest of the majors, off about 0.3% as the greenback pushes above last week's high, drawing a bead on the JPY112.00 level.
Emerging Markets: Week Ahead Preview - April 30
EM FX ended last week on a mixed note. Indeed, the week and the month were also very much mixed for EM, reflecting a variety of global and country-specific drivers impacting these countries.
Looking Through The FOMC Meeting As It Looks Past Poor Q1 GDP
A Federal Reserve meeting always draws market interest, as investors are on guard for policy signals. However, the statement from this week's meeting is likely to be devoid of new information.
Bulls Take Charge Of 10-year Note Futures, While Sterling Bears Hang On
The striking development among speculators in the futures market is the reversal of the record gross (and net) short Treasury note position two months ago. The net position has now swung to the long side, and by the most in nine years.
Dollar Remains The Fulcrum
Often the US dollar, as the numeraire, seems to be the main actor in the foreign exchange market. Other times, the dollar appears to be at the fulcrum between European currencies on one hand, and the dollar-bloc currencies on the other hand.
Emerging Markets: What Has Changed - Friday, April 28
Moody's moved the outlook on Vietnam’s B1 rating from stable to positive.
Markets Limp Into Month End
Equity markets are stalling into the end of the month. MSCI Asia-Pacific Index is snapping a six-day advance, and the week's gain was sufficient to extend the advancing streak for the fourth consecutive month.
Great Graphic: Gas And Oil
The June oil contract is under pressure today, trading at one month lows, on news that Libya has reopened its largest oil field.
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