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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
Weaker Chinese Data, the ECB and Bank of Canada Meet, and the Dollar Marches Higher
The US dollar has recouped much of the ground lost yesterday in response to the US retail sales report, which while softer than expected was the best in a...
Linking Labor Unions to Economic Growth
Six years after the US economic contraction ended, the Federal Reserve has still not raised interest rates. Inflation has not accelerated as so many predicted. The economy is chugging...
The Yuan as a Reserve Currency Partly Hinge on China Adopting IMF Best Practices
China reported that its currency reserves fell for the third consecutive quarter in the three months ending on March 31. The dollar value of reserves fell, $113 bln to...
A Preview of Emerging Market News and Events
EM assets are starting the week on a now familiar pattern: weaker currencies but stronger stock markets. The broad dollar rally is back in force, with the greenback pushing...
Retail Sales in the US and Macro Developments in Europe Highlight Today’s Session
The US dollar has largely been confined to yesterday's ranges, as it consolidates recent gains. Today's March retail sales report in the US is important. Retail sales have fallen...
China’s Collapsed Trade Surplus is Another Sign of a Slowing Economy
The broadly higher US dollar is extending last week's recovery. In addition to the strong technical momentum, shockingly poor Chinese trade data is bolstering the greenback, which crushed currencies...
A Slew of Economic Data is Sure to Keep Market Participants Busy this Week
The key take away from recent developments is that the divergence theme that has lifted the US dollar remains very much in play even after the dovish spin given...
The Dollar Showed Somewhat Surprising Strength Last Week
The US dollar turned in an unexpectedly strong performance last week. It appreciated against all the major currencies, but the Australian dollar, and most of the emerging market currencies....
An Emerging Markets Status Update
Over the last week, China (+8.7%), Russia (+8.1%), and Hong Kong (+6.0%) have outperformed in the EM equity space as measured by MSCI, while Czech Republic (-0.9%), Egypt (-0.9%),...
Eurozone Economic Data is Providing Positive Surprises
The market shrugged off Last week's soft US employment data as a one-off disappointment. The JOLTS report and new cyclical lows in weekly initial jobless claims provide evidence of...


