Author : Marc Chandler

Minutes after the German finance ministry rejected Greece's offer, the ECB released its first record of its recent meeting.  The only item that rises to the level of a...

The capital markets are particularly difficult to navigate at the moment.  The news stream is noisy.  There are three confusing issues: the Fed, Greece and Australia.  What should one...

Tomorrow is an important day for the ECB.  Yes, it does appear a Greek compromise is getting closer as the brink draws nearer.  Yes, the ECB is preparing to...

Strong employment and earnings data in the UK lifted sterling to the upper end of its recent range near $1.5450.  A break would quickly target the $1.5500-$1.5600 area.  The...

The market appears to be taking in stride the latest setback in negotiations over Greece.  The euro has recouped all the ground lost in thin markets late yesterday when...

The US dollar is mixed.  It is mostly softer against the euro and sterling, paring yesterday's late gains.  It is firmer against the yen and Swiss franc amid cross...

There are too many near-term uncertainties to make an outright directional call on EM. Between a looming deal for Greece, a fragile agreement in Ukraine, the bounce in commodity...

The US dollar is little changed in Europe after a quiet Asian session.  Both the US and Canada are on holiday today.  The key focus it euro group meeting...

There is a high degree of uncertainty in the global markets.  How deep into negative territory can nominal bond yields fall?  Has oil bottomed?  Are deflationary forces deepening? Will...

The US dollar's upside momentum, sparked by the strong January jobs report, and anxiety over the brinksmanship politics in Europe over Greece (and Ukraine), faded last week.  The weaker...