Marc Chandler
markets

Markets Walk Tightrope after Yesterday’s US Equity Drop

Global equities have fared better than the 1.4% slide in the S&P 500 yesterday may have implied. Asian markets were mixed, with China, Korea, Hong Kong, Thailand advancing. The Dow Jones Stoxx 600 from Europe...

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Markets are Eerily Calm

There is an eerie calm over in the capital market through the European morning today despite some ostensibly worrisome developments.  While many, like ourselves, expect UK Prime Minister May to survive a vote of confidence, it...

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Dollar Steadies, but Weakly for Turn-Around Tuesday

The global capital markets remain calm after the surge in volatility seen over the last couple of weeks.  Asian equities were mixed, with the Japanese, Australia and Indian shares gaining, but other large regional markets, like...

markets

Markets Stumble into the Weekend

There is little reprieve from the equity meltdown ahead of the weekend. Major markets in the Asia-Pacific region, including Japan, China, India, and Australia pushed lower. The MSCI index of the region is near 15-month...

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Markets Calm on May Day

The US S&P 500 failed to sustain the early upside momentum, but global equities are moving higher today, and there is some optimism on the trade front. Emerging market equities and currencies are also doing...

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Reluctant to Extend Dollar Losses

The biggest US equity advance since Q1 has helped lift global markets today. The MSCI Asia Pacific Index rose for the fourth session, and nearly all the bourses in the region rallied with the notable...

equity stock markets

Equity Slide Continues

Yesterday’s 3% drop in the NASDAQ is setting the tone for today. The US stock market advance had been led by a narrow group of equities, and those have come under strong pressure amid slower...

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Turning Brexit into a Dog’s Breakfast

It is the height of irony or tragedy that what was offered as a non-binding referendum on UK’s membership in the European Union to bring the country, or at least the Tory Party, together is...

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US-China: A Different Take

A basic building block of matter, electrons, are so complicated that it is recognized that by deciding to measure the speed, one cannot determine location, and if one tries to measure location, speed is indeterminant....

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Slower Chinese Growth and Italy and Spanish Woes Weigh on Sentiment Ahead of the Weekend

Overview: Weaker data from China coupled with pressure on the European periphery is weighing on sentiment after yesterday’s retreat in US stocks saw the S&P 500 again retreat below the 200-day moving average. Chinese shares...

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US Dollar Pullback may Continue in North America

Overview: As seems often to be the case a counter-trend move began in the foreign exchange market on Tuesday and continued into Asia today. In the current context, this meant a dollar pullback. Although move...

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Dollar Consolidates Gains while Yields Continue to Rise

The US dollar is consolidating yesterday’s gains against most of the major currencies, though the dollar bloc is under performing. Bond yields are moving higher, and equities are lower. With a light data and events...