Marc Chandler

It is as if the bond vigilantes were pushed too far. US inflation is accelerating more than expected, and it cannot all be attributed to the base effect, and the Federal Reserve, to many investors, is...

The markets remained on edge. Asia Pacific and US equities have yet to find stable footing, and inflation fears are elevated. The foreign exchange market has turned quiet as the dollar consolidates...

The sell-off in US shares yesterday triggered sharp global losses today, and there is no flight into fixed income as benchmark yields are higher across the board. Nor is the dollar serving as much as...

Last week's cyberattack on the largest US gasoline pipeline continues to lift oil and gasoline prices. The June gasoline futures gapped higher to extend last week's 2.4% but has subsequently moved...

The dollar was struggling to sustain upticks when the market anticipated a million new jobs were created in April. It was sold off in disappointment that only a quarter of the expected jobs...

One of the stark developments since the initial shock of the pandemic has been the aggressiveness of the US monetary and fiscal response. This was also true in dealing with the Great Financial Crisis....

Ahead of a report that is expected to show that employment jumped by around a million in the US last month, the dollar remains lower on the week against all the major currencies and all but a handful...

China returned from its extended May Day holiday to find fresh confrontation over its domestic and international actions. Its equity market fell even though most of the other large Asia Pacific...

Disappointing German, French and Italian PMI reports helped send the euro to almost $1.1985, its lowest level in about two and a half weeks, and weighed on other regional currencies. The dollar-bloc...

Seasonal patterns in agricultural commodities seem intuitively easier to understand than seasonal patterns in the foreign exchange market, where the turnover far and away exceeds the international...