Author : Marc Chandler

Many economists argue that the key challenge is that of insufficient aggregate demand.  That is why world growth is slow.  Hobbled with debt, households have pulled back.  Business investment...

It could have been a disaster.  US faltered yesterday, with the S&P 500 again struggling in the 1945-1950 area, and China's PMIs were weaker than expected.  However, after initial...

What is the issue?  The UK has long had a strained relationship with the EU and has never been comfortable with the ever-increasing drive for greater integration and harmonization...

EM ended last week on a soft note, due to a variety of both external and internal factors.  Firm US data continue to support our call for resumed Fed...

It seemed that it was only after Asian equity markets fell did reports begin suggesting disappointment with the G20 meeting.  The narrative followed the price action rather than the...

The year has begun on a tumultuous note.  The Nikkei, DAX and S&P 500 all gapped lower the first day of the year. However, heightened anxiety has calmed as...

The position adjustment among speculators in the currency futures market was minor in the reporting week that ended February 23.  We regarded only one gross adjustment as significant (more...

As systemic anxiety eased, the US dollar got better traction. The dollar-bloc currencies managed to hold their own as cross positions were unwound.   Major bourses posted gains for the...

1) PBOC appears to have confirmed a somewhat easier monetary stance, 2) Malaysian Prime Minister Najib is consolidating his grip on power, 3) Hungarian central bank Vice Governor Nagy...

The internecine pitch battle between ECB President Draghi and the man who may very well be his successor, Bundesbank President Weidmann opened a new front this week.  It is...