Author : Marc Chandler

The conundrum that everyone is wrestling with is the euro and yen's strength given their negative interest rates and prospect for even lower interest rates.  The divergence of monetary...

The continued sell-off in global equities is the main driver of the capital markets.  It, along with the push lower in oil prices, is pushing core bond yields sharply...

Few industries offer a picture glass window to see numerous macroeconomic forces as steel does.   Excess capacity, trade policy, and the yuan all intersect when looking at the steel...

After another soggy Asian session, European markets have begun on a firm note, and US shares are trading broadly higher in Europe as well.  Led by the beleaguered financial...

Portugal's 10-year bond yield is up almost 120 bp this year.  It is one of the few Eurozone members that still pay to borrow two-year money.  There are two...

Investors and policymakers continue to wrestle with the economic impact of the dollar's rise.  The Federal Reserve has argued that the dollar's appreciation acts as a headwind on exports...

After a meltdown in Asia, the global capital markets are stabilizing in Europe.   The US S&P managed to recoup about half of its losses before the close yesterday, but...

In many ways, the world has turned upside down.  It is not just central banks that have set policy rates below zero, but the entire German curve out through...

The great British geographer Halford Mackinder invented the term “geopolitics” over 100 years ago. He painted a grand vision of international relations that revolved around one fear: dominance of...

EM assets for the most part fared well last week, and positive sentiment should carry over into this week.  China reported January foreign reserves over the weekend, and they...