Author : Marc Chandler

The yen has been on the sidelines this week.  It is flat against the dollar.  Japanese stocks and bonds are also little changed.  The benchmark 10-year bond yield has...

1) Brazil’s government cut the primary surplus target for 2015 to 0.15% of GDP, 2) The situation in Turkey is becoming even more complicated, reinforcing our view that the...

Contrasting data releases underscore the reemergence of the dollar bullish divergence meme that had appeared to stall in the vacuum of economic data in the first half of the...

China has amassed one of the largest pools of capital.  It was in the form of central bank reserves.  At its peak, it was around $4 trillion.  The composition...

The US dollar is under pressure today.  There are many small triggers but the news stream itself is relatively mild.  Ultimately, the inability to extend last week's momentum left...

The European Central Bank has been particularly busy. It is engaged in an asset-buying program. Despite a European Court of Justice ruling highlighting the conflict of interest between its...

The relatively light news stream continues to facilitate corrective action in the capital markets. The advancing streak in global equities has broken while Chinese shares continue to stabilize after...

It is a bit too familiar, isn't it?  Greece received a new loan so it can service its debt to the official creditors.  In exchange for the funds, of...

The light news stream has spurred some position squaring by short-term momentum traders.  This is giving the dollar a somewhat heavier tone, and weighing on European equity markets.  European...

EM assets are starting the week under pressure.  Idiosyncratic factors in Brazil (more political noise) and Turkey (election risks and a terrorist attack) meant that these countries are the...