One of the most pressing challenges that lies ahead for countries heading into the post-covid world is the erratic changes in the climate occurring across the globe. The impacts associated with the climate emergency are...
More and more US companies are moving their production and manufacturing facilities back home because of supply snarls and insufficient production capacity abroad. When Johnson & Johnson got rid of him, James Wyner was deeply...
Into the uncertainty over the implications of Omicron, the Federal Reserve Chairman injected a particularly hawkish signal into the mix in his testimony before the Senate. These are the two forces that are shaping market...
Washington has said it will release 50 million barrels of crude oil in an effort to bring down gas prices. India quickly announced it would also release 5 million barrels. The Biden administration on Tuesday...
The United States has agreed to reduce tariffs on EU steel in return for a relaxation of countertariffs on US products, both sides said. Motorcycles, bourbon, peanut butter and jeans may get cheaper in the EU....
The market awaits the ECB meeting and the first look at the US Q3 GDP. The pullback in US shares yesterday was a drag on the Asia Pacific equities. It is the first back-to-back loss...
In assessing the trajectory of Fed policy the market is discounting, we prefer using the Fed funds futures contracts over the Eurodollar futures. The Fed funds settle at the average effective rate, while the Eurodollar...
The week is winding down and risk-appetites seem vulnerable even though the MSCI Asia Pacific Index pared its first weekly loss in four, led by gains in Tokyo and Hong Kong. With those gains, Japanese...
The balance in the US government’s checking account, the Treasury General Account (TGA) at the Federal Reserve Bank of New York, plunged by $240 billion since the end of July, to $297 billion, according to...
Neither the chaos and tragedy unfolding in Afghanistan nor the US refusal to acquiesce to the allies’ request to extend the August 31 deadline seems to have much impact on the global capital markets. Instead,...
Record high closes yesterday for the S&P 500 and NASDAQ have done little to help global equities today. Most of the Asia Pacific region markets, but Japan and Australia slipped ahead of the weekend while...
It is not China’s aggressive foreign policy that is the source of the disturbance in the capital markets, but its aggressiveness at home as it asserts control parts of the tech sector and toughens its...