Author : Marc Chandler

After the 2007-2008 bank recapitalization by governments, which means taxpayers' money, Europe changed the rules.  The new rules require that private investors be "bailed in" before the bank is...

The combination of the rebounding US job growth and gains in the S&P 500 to near record levels before the weekend is helping boost the US dollar against the...

EM and other risk assets rallied on Friday after the strong US jobs data.  It appears that markets are pricing in a benign backdrop for risk near-term; that is,...

Investors are under siege.  A growing proportion of bonds in Europe and Japan offer negative yields.  The German and Japanese curves are negative out 15-years, while one cannot find...

The UK voted to leave the EU. The German and Japanese yield curve is negative out through 15 years.  The entire Swiss curve has negative yields.  There is little...

The US dollar had a good week.  It was helped by the strongest service ISM this year, with strong gains in forward-looking new orders component and an increase in...

There is something for everyone in today's US jobs report, and at the end of the day, it is unlikely to sway opinion about the direction and timing of...

The US employment data tends to be among the most important economic reports during the monthly cycle.  It often injects volatility into the market.  The report itself tends to...

Here are two Great Graphics that portray two time series: the dollar-yuan exchange rate and the yuan against a trade-weighted basket.  The first chart comes from a highly reputable...

Amid a better if not strong risk appetite, sterling has rallied two cents from yesterday's lows near $1.28 to poke through the $1.30 level in the European morning.  It...