Author : Marc Chandler

Press reports suggest that the People’s Bank of China (PBOC) is considering unconventional monetary policies, including direct purchases of local government bonds and/or some sort of long-term refinancing operation...

The US dollar has yet to stabilize against the euro and sterling, although it has steadied against the dollar-bloc currencies and yen.  The euro bid through the $1.10 level...

The US corporate earnings season is almost half over.  Fears that the US S&P 500 would report the first decline in income since 2009 have eased. One of the...

The US dollar remains on the defensive even after both Japan and the UK disappoint.  Japan reported an unexpected 1.9% decline in March retail sales. The UK's initial estimate...

The Eurogroup meeting before the weekend was particularly acrimonious.  Greek Finance Minister Varoufakis was isolated and demonized.  After intensifying their criticism of Varoufakis in the closed meeting, according to...

It is a mixed start of the week for EM, though the short-term outlook is constructive.  The rebound in commodity prices has changed relative risk perception across the producer-importer...

They held the umpteenth European meeting to discuss Greece and for the umpteenth time, European finance ministers say no.  No, they will not provide Greece with the funds to...

With several central bank meetings this week, including the Federal Reserve, and Q1 GDP figures from the UK, US and Spain, and month-end position adjustments, ahead of the May...

A disappointing string of data challenges ideas that the US economy had returned to a growth path that was sufficiently strong enough to permit the Federal Reserve to begin...

The US dollar finished the week on seemingly fragile footing. The question investors are asking is if the steady drum beat of disappointing US economic data turns the dollar's...