Author : Marc Chandler

1) China has changed its FX regime, 2) No coalition likely for Turkey; elections in sight, 3) Moody’s downgraded Brazil one notch to Baa3, but did not assign a...

The US dollar is narrowly mixed as we head into the weekend.  Global stock markets are also mixed.  Although the Nikkei was down, Chinese equities eked out a small...

The price of gold rallied by about 5.25% off the five-year low set in late-July near $1172 an ounce  to the high set earlier today.  More than half this...

It is understandable.  China's move on Tuesday caught the market off-guard.  After seemingly re-pegging the yuan to the dollar, it pushed it reset the yuan to the lower end...

By the time the yuan had weakened almost 2%, the slide in commodity prices was cited as evidence of the market's concern that China was going to export deflation. ...

The euro has rallied to new highs since mid-July, and after repeated attempts to convincingly break above JPY125, the dollar is retreating against the yen as well.   The euro...

On Wednesday, August 12, Alibaba, one of China's premier internet companies will report its quarterly earnings.  They will command more attention than one might suspect by global fund managers.  ...

Chinese officials surprised the market by instituting a mini-devaluation of the yuan.  Announcing the highest dollar fix in two years signaled the 1.9% move.  Officials indicated that this was...

Japan reported a smaller than expected June current account surplus.  Seasonally, June tends experience deterioration from May.  In fact, only twice in the past ten years has the current...

EM is starting the week with a mixed tone.  EM currencies are on the weaker side but EM equities are generally firmer, especially in China as weaker data spur...