Home » Archives for Marc Chandler » Page 9
Author : Marc Chandler
About Marc Chandler PRO INVESTOR
Head of Global Currency Strategy at Brown Brothers Harriman.
Stories by the author
So Much to Watch with Only Two Eyes
Japan's Q2 GDP: The week begins off with the first estimate of Japan's Q2 GDP. Growth is expected to slow from 0.6% in Q1 to 0.2%-0.3% in Q2. Consumption likely...
CFTC: Are You into the Pound and Yen?
Speculative position adjustments in the currency futures continued at a low pace in the Commitment of Traders report for the week ending August 9. There were though two distinct...
Economic Data may not Help the Dollar
The dollar's push lower that we anticipate until later in the month gained momentum following the disappointing US retail sales report before the weekend. The dollar's technical tone has...
Korea Gets a Credit Upgrade and Thailand’s Constitution Referendum Passes
S&P upgraded Korea a notch to AA with a stable outlook, Voters passed the constitutional referendum in Thailand by a wide margin, The IMF and Egypt have reached a...
Retail Sales, Japanese Nuclear Power and Spanish Politics for Your Weekend
There is a general consolidative tone in the capital markets as the week draws to a close. The US retail sales report may offer a brief distraction, but it...
Relatively Quiet Markets (for Some) Should Liven Up this Fall
US LIBOR continues to rise. LIBOR may not be what it was before the Great Financial Crisis, or before the scandalous revelations. However, it remains an important benchmark. Three-month...
New Zealand’s Central Bank Cuts, but the Currency Shrugs
The US dollar has found steadier footing today after trading heavily yesterday. There are two main themes. The first is sterling’s heavy tone. After closing the North American session...
Emerging Markets Boosted by Lower Rates
Scratch an investor, and you will find two models. One is a fair value model, perhaps based on free-cash-flow or earnings expectations, or breakup value. The other is based...
Eurozone Finance Ministers to Iberia: No Fines for You
The Eurozone finance ministers have accepted the EC's recommendation that Spain and Portugal not be fined for their fiscal excesses. A few weeks ago, the EU Commissioner for Economic...
Nothing New to Change the Lower Rates for Longer Theme
The robust US jobs report at the end of last week had arrested the down draft seen the previous week in response to the disappointing Q2 GDP report. The...