Author : Marc Chandler

In a still familiar refrain, EM assets are starting the week off on a soft note.  The global backdrop remains negative, with Yellen’s speech bringing Fed lift-off back into...

After arguably squandering his limited political capital on pursuing a controversial agenda for an expanded role for the military and re-starting nuclear plans, Japan's Prime Minister has turned his...

Sterling and the yen are gaining against the dollar while the other major currencies are little changed, and emerging currencies are mixed.  Sterling's has gained about 0.35%, mostly in...

The main thrust of our bullish US dollar outlook is the divergence in monetary policy trajectories. We do not think the divergence has peaked and anticipate it to persist...

The US dollar rose against all the major and emerging market currencies over the past week, save the Russian ruble, which gained about 1.5%.  Comments from several Fed officials,...

The emission scandal at the world's second largest automaker, Volkswagen, has reportedly "rocked" the German political and business elites.  Some have argued that it will rival the refugee challenge...

The Fed's Chair seemed to have surprised the market with her comments after North American markets closed yesterday.  She reiterated what the Fed said last week.  It is still...

The US dollar is trading heavier after extending its post-FOMC gains that saw the euro and sterling record two-week lows yesterday.  The euro extended its recovery that was marked...

Catalonia goes to the polls on September 27.  Although Madrid stymied efforts to hold a referendum on independence, many partisans are claiming the weekend election is precisely such a...

After a few sessions of light news, the flash Chinese Caixin flash manufacturing PMI and EMU PMIs provided new economic insight.  However, the macro-picture has not changed very much. ...