Author : Marc Chandler

There are four developments today that impact global investors. The first is that the Reserve Bank of Australia delivered a 25 bp rate cut but signaled in its statement...

Italy's third successive unelected Prime Minister is pushing through electoral reforms that make for stronger government's going forward.  There are two elements of the reform.  Previously, Italy was proud...

EM assets remain on the defensive now that the dollar has regained some traction on the back of some firmer US data last week.  This Friday’s US jobs report...

The week begins with a narrowly mixed US dollar.  Both Tokyo and London markets are closed today making for somewhat lighter turnover.  The dollar has been trading a quarter...

The beginning of a new month starts the usual cycle of economic data.  Among these, only the US employment report is significant.  A weak report would not only rule...

Yogi Berra, one of the keenest observers of the human condition, once remarked, "It is tough to make predictions, especially about the future."  And, so it is. Between the...

1) Unconventional policy measure in China could be on the table; 2) Poland sold sells its first international bond with a negative yield; 3) Indonesia executed eight people over...

The broad-based dollar sell-off this week has considerably narrowed.  The dollar's losses have become move concentrated in the post-FOMC sessions with just the euro sustaining the momentum and extending...

One of the most important forces shaping the investment climate is that the US is closer to beginning to normalize monetary policy than other major countries and regions.  That...

The euro pullback spurred by the Federal Reserve statement that continued to regard the slowdown as having to been partly caused by transitory factors, was seized upon in Europe...