Marc Chandler | TalkMarkets | Page 179
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 Bounce In Asia Is Sold In The European Morning
The US dollar is firmer against most of the major currencies in fairly quiet Asian turnover, but is seeing those gains pared in early Europe.
More Euro Weakness That Dollar Strength
The euro is the weakest of the majors; off about 0.3% near $1.0650. After a strong advance yesterday, sterling just missed recording an outside up day and is consolidating yesterday's gains in a narrow range.
Great Graphic: Interesting Sterling Price Action
Sterling is having an interesting day. It fell in the face of the US dollar's bounce but has recovered fully.
The Dollar: Real Or Nominal Rates?
Real interest rates are nominal rates adjusted for inflation expectations. Inflation expectations are tricky to measure.
Emerging Markets: Week Ahead Preview - Feb. 6
EM ended the week on a firm note, with markets digesting what they perceived as a dovish Fed bias. We disagree, and continue to believe that markets are underestimating the Fed’s capacity to tighten this year.
Politics Not Economics Is Driving The Markets
As the Trump Administration begins turning its attention to its economic agenda, investors' confidence may be bolstered. Already a group of large exporters, including GE, Boeing and Oracle are forming a lobby to support the proposed border tax.
Dollar Turn Remains Elusive
The end of the US dollar's downside correction, which we see having begun in mid-December, following the Fed hike rather than the start of the New Year, is proving more elusive than we anticipated.
Emerging Markets: What Has Changed - Friday, Feb. 3
The Turkish central bank raised its end-2017 forecast from 6.5% to 8% due largely to the weak lira.
The Future Of Globalization
The cross-border movement of goods, services, and capital increased markedly for the thirty years up to the Great Financial Crisis.
US Jobs Trumps Europe's Service PMIs
There are two series of economic reports. The first are Europe's service PMI reports and the second is the US employment report. Neither report is likely to alter views significantly, but the latter has greater potential to move the market.
Sterling Reverses Lower On BOE
The market heard a dovish Bank of England today and sent sterling down by around than one percent. Initially sterling had reached its highest level since the US election; extending its recent rally a little through $1.27, but has now reversed lower.
French Premium Over German Continues To Grow
The rise of interest rates in Europe have seen premiums over Germany increase. This is not unusual. Often the intra-European spreads are sensitive to the underlying direction of rates.
Dollar Remains On Backfoot After ADP And FOMC
The US dollar remains on its backfoot despite the stronger than expected ADP job estimate and the FOMC that said nothing to dissuade investors that it will be gradually raising rates this year.
Markets Stabilize, Investors Await Signals From US Data And FOMC, And POTUS
The US dollar is consolidating yesterday's losses that were spurred speculation that the US was abandoning the more than 20-year old strong dollar policy.
Trump And The Dollar
Some observers had argued that the conduct of monetary policy was tantamount to currency manipulation, but the G7 and G20 offered a more nuanced understanding.
Markets Look For Solid Footing
The immigration imbroglio in the United States is being cited in various accounts for the price action, including yesterday's drop in the S&P 500, where the intraday loss was the largest since before the election.
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