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Author : Marc Chandler
About Marc Chandler PRO INVESTOR
Head of Global Currency Strategy at Brown Brothers Harriman.
Stories by the author
Bernanke’s Brookings Blogging is all about the Data
Former Fed Chair Bernanke keeps a blog at Brookings. His latest post offers insight into how to think about Federal Reserve, and in particular, Fed officials' understanding of the...
A Heavy Pound
In an otherwise uneventful foreign exchange market, sterling's slide for its fifth consecutive session is the highlight. It was pushed below $1.30 for the first time since July 12. ...
A New OPEC Meeting May Give Oil New Life
This Great Graphic from Bloomberg shows the September light sweet crude oil futures contract since peaking in early June near $52.75. It reached a low last week of about...
Here is Your China Update
This is the period in the monthly cycle that China releases most of its high frequency data. The process is well under way. Over the weekend, China reported its...
Pre-weekend Equity Rally Shows Increased Risk Appetite
Investors favor risk assets today. Global stocks are moving higher in the wake of the pre-weekend US rally that saw the S&P 500 close at record levels. Bond yields...
Many EM Central Banks Meet though Few, if any, Will Act
EM ended last week on a firm note, despite the stronger than expected July jobs report. As we suspected, one strong US data point is not yet enough to...
The Macroeconomic Picture Comes to the Fore
The drip-feed of high frequency economic data from the major economies slows in the week ahead. The data that is reported is unlikely to have much impact on the...
CFTC: Going on a Holiday, but not without Sterling Shorts
For a period that included a BOJ and FOMC meeting and the US GDP, speculators in the currency futures were unusually quiet. Summer holidays with family may be more...
The Dollar Might Receive a Boost from the Employment Report
The robust US employment report before the weekend allowed the dollar to recoup the losses it experienced earlier in the week against most of the major currencies. The Australian...
An Emerging Markets Status Update
In the EM equity space as measured by MSCI, Indonesia (+4.2%), Poland (+3.9%), and Brazil (+1.9%) have outperformed this week, while Czech Republic (-5.4%), Singapore (-1.5%), and UAE (-1.3%)...