Author : Marc Chandler

In what can only be seen an unexpected Chinese success, several US allies have agreed to participate in China and India's Asian Infrastructure Investment Bank.  The UK not only...

The events of the past week will continue to reverberate in the capital markets in the week ahead. The key development was the market’s ultra-dovish read of the Federal...

The market staged a dramatic reversal of the near-term trends in response to the Federal Reserve meeting. In a masterstroke, Yellen dropped the word patience from the Fed's forward...

EM FX ended last week on a firm note. We believe that the broad-based dollar rally remains intact, but we could see a period of consolidation until the interest...

The US dollar opened broadly lower in Asia but trended higher through the first half of the European morning.  The euro peaked just above $1.0880 and fell a little...

Technical talks between Greece and its official creditors have bogged down. The purpose of the talks is for the creditors to have a better understanding of the true financial...

The extremely dovish market reaction to the outcome of the FOMC meeting was more a function of the dot-plots than the FOMC statement or Yellen's press conference.  Methodologically, we...

The Federal Reserve met the widespread market expectations.  It dropped the word patience and recognized growth had moderated.  It wanted to see more improvement in the labor market and...

The Federal Reserve meeting is the highlight of the week.  The most pressing issue is the continued evolution of its forward guidance that will maximize the room to maneuver. ...

The most important event next week is the FOMC meeting followed by a press conference by Yellen.  In order to maximize its room to maneuver, we expect the FOMC...