Author : Marc Chandler

The US presidential selection process is well underway, and yet there has been no coherent discussion of fiscal policy.  In part, this is because it does not appear particularly...

Global capital markets staged an impressive recovery after the initial reaction to the failure to freeze oil output sent reverberations through the oil markets, commodities, and Asian equities. The...

EM ended last week on a firm note.  Given the absence of any Fed-specific risks or any major US data releases, that firmness could carry over into this week. ...

Oil producers failed to reach an agreement yesterday at the meeting in Doha.  That is the main spur to today's activity.  It is not that the outcome was a...

It is never easy, but the week ahead may be particularly difficult for market participants. It will first have to respond to weekend developments.  First, the front page of...

Speculators were undeterred by the threat of BOJ intervention.  In the CFTC reporting period ending April 12, speculators boosted their net and gross long yen positions to new record...

The US dollar turned in a mixed performance last week, which given the softer than expected inflation, retail sales data, and industrial output figures, coupled with the poor technical...

Bank Indonesia will use the 7-day reverse repo rate as its new benchmark policy rate, the ruling party in South Korea unexpectedly lost parliamentary elections, the Monetary Authority of...

At the IMF/World Bank meetings this week, Chinese officials are again pushing for greater use of the IMF's unit of account, Special Drawing Rights.  It is China's turn as...

China's slew of economic data lends credence to ideas that the world's second-largest economy may be stabilizing.  However, the data failed to have a wider impact on the global...