Author : Marc Chandler

1) Political risk is rising in Colombia, 2) Petrobras issued debt for the first time in six months, 3) The Russian central bank suspended some FX auctions, stepping up...

The US May jobs reported was stronger than expected.  Although it will not boost the chances of a Fed rate hike later this month, a September lift-off still seems...

The euro is steady after pulling back from yesterday's high near $1.1380.  German bund yields are slightly firmer today, but also off the 1.00% level approached yesterday.  Against the...

The media often depicts a European Union that is unraveling.  The financial crisis, high unemployment, and demands for austerity for as far as the eye can see have undermined...

The US dollar is sliding across the board, but the impetus is not coming from the United States.  If anything, the combination of the strong auto sales figures, smaller...

The substance of what ECB President Draghi contained few surprises.  The tone was cautiously optimistic that the worst is past for EMU.  The substance of what ECB President Draghi...

The US dollar is recouping some of yesterday's outsized losses.  The euro was unable to extend yesterday's push toward $1.12, perhaps with the help of some fragile stability in...

Sterling's seven day losing streak appears to be ending today with the help of a stronger than expected construction PMI.  The Nikkei's 12-day rally streak ended today with a...

The Occupy Hong Kong Movement was sparked by Beijing's announcement of rules for the popular selection of Hong Kong's Chief Executive in 2017.  Essentially, Beijing would appoint a 1200-person...

EM assets are starting the week off on a soft note, picking up where we left off last week.  The usual culprits can be cited:  firmer US dollar, softer...