Author : Marc Chandler

The market's angst over the underlying trend in the US labor market eases with the help of the second consecutive robust report.  The 255k rise in non-farm payrolls was...

Sterling has slumped two cents in the wake of the Bank of England's announcement.  It cut the base rate 25 bp and announced a resumption of its asset purchase...

The focus is squarely on the US employment data today, ahead of which the capital markets are mostly consolidating yesterday's Bank of England inspired moved. The Australian and New...

The Bank of England owns today, though tomorrow will be about the US jobs report. The BOE disappointed the market last month by not immediately responding to the UK...

Americans have a saying about an 800-pound gorilla in a room.  It refers to a person or organization so powerful that it can act unilaterally.  The British have an...

The US dollar is consolidating yesterday's losses.  The greenback's upticks have thus far been shallow and unimpressive, except perhaps against the New Zealand dollar, which is off 0.8% ahead...

This Great Graphic is deceptively simple.  It is chart from the Bureau of Economic Analysis based on the price indices from components of personal consumption expenditure. The rust line...

The Japanese government is delivering the other half of its fiscal policy today.  Earlier, Abe decided to postpone the sales tax hike for the second time.  Today, the cabinet...

This Great Graphic, created on Bloomberg, depicts the Federal Reserve's real broad trade-weighted index of the dollar.  Real means that it is adjusted for inflation differentials.   Broad means that...

The US dollar is offered against the major currencies, but appreciating against many emerging market currencies, include the South African rand and Turkish lira.  Oil prices are trying to...