Author : Marc Chandler

Over the last week, Egypt (+2.4%), Korea (+0.8%), and India (+0.7%) have outperformed in the EM equity space as measured by MSCI, while Brazil (-9.4%), Colombia (-8.0%), and Turkey...

Despite poor weather that appears to have effected other February data, the US jobs report is stronger than expected.  The economy grew 295k net new jobs, nearly all accounted...

There are two main forces at work as the week winds down. The first is the ECB's confirmation of its asset purchases. This has renewed the rally in European...

The third cease fire in Ukraine had a rocky start, but today the German foreign minister noted that tensions have calmed.  The top NATO military commander, US Air Force...

ECB's Draghi failed to provide much fresh insight into implementation of its asset purchase program.  The details will be posted on the ECB's web site later.  The more important...

The ECB meets tomorrow.  We do not attribute any significance to its location in Cyprus.  A couple times a year, the ECB meets outside of Frankfurt.  The ECB meets...

The US dollar is broadly firmer though the antipodean currencies continue to enjoy residual strength.  The Canadian dollar is not moving higher with them because of Bank of Canada...

Politics makes for strange bedfellows.  The German critics on the right of Chancellor Merkel think that Greece should leave the monetary union.  The economic advisers to Merkel have argued...

The Reserve Bank of Australia defied expectations and left rates on hold earlier today. This has lifted the Australian dollar back to yesterday's highs near $0.7845 were it stalled....

The differences between Eurozone members tend to be a key focus for investors and policy makers.  There is another fissure which is typically is under-appreciated.  It is within Germany...