Author : Marc Chandler

August has begun off with clear price action.  The US dollar is stronger against nearly all the major currencies.  Bond yields are higher.  Equities and commodities are mostly lower. ...

The US dollar is trading with a small upside bias in narrow trading ranges.  The main news has consisted of PMI reports, while investors continue to digest last week's...

EM ended last week on a firm note, helped by the weaker than expected US Q2 GDP report as well as the small bounce in oil.  With the RBA...

Four events this week will command the attention of global investors.  1. The Reserve of Bank of Australia is first.  It is a close call, though the median in...

There does not seem to be a large pattern in the speculative position adjustments in the CFTC reporting week ending July 26.  There was only one significant position adjustment...

The US dollar advance was stopped in its tracks by the disappointingly weak Q2 GDP figures.  The 1.2% annualized growth rate was roughly half of the pace expected.  The...

In the EM equity space as measured by MSCI, Turkey (+4.8%), India (+1.4%), and Qatar (+1.3%) have outperformed this week, while Colombia (-6.4%), Mexico (-3.2%), and Singapore (-2.9%) have...

Bank of Japan Governor Kuroda appears to be the central banker that the markets have the most difficulty in reading.  The activist Governor provides the barest of tweaks to...

Tomorrow could be among the most challenging sessions of the third quarter.  The focus is primarily on Japan and Europe, but the US reports its first estimate of Q2...

After reversing lower yesterday after the FOMC statement, the US dollar has continued to move lower against the major currencies, save sterling.  While the market is not fully confident...