Marc Chandler

The failure of the Federal Reserve to push harder against the market's dovish views and the easing of financial conditions encouraged a risk-on trade that saw the dollar and yields slump and equities...

The focus is squarely on the Federal Reserve today. There is nearly universal agreement that it will lift the target by 25 bp. The market is inclined to see the shift as a sign that the Fed is nearing...

The re-opening of China's mainland market, amid reports of strong activity during the holiday, was relatively subdued. The Shanghai Shenzhen CSI 300 rose less than 0.5% and the Shanghai Composite eked...

The new year is still young, but the week ahead may be one of the most important weeks of the year. The divergence that the market has been anticipating will materialize. The Federal Reserve will most...

Leaving aside the Australian dollar, which is benefiting from the optimism over China's re-opening and a reassessment of the trajectory of monetary policy after a stronger-than-expected inflation...

After some intraday penetration, the euro finally settled above $1.09 yesterday. However, follow-through buying has been limited, and technical and option-related resistance is seen in the $1.0940-50...

Amid sharp losses in the US equity futures, the US dollar is mostly firmer against the G10 currencies. The notable exception is the Australian dollar, where high-than-expected inflation boosts the...

A quiet consolidative session has been recorded so far today as North American leadership is awaited. The preliminary PMI readings are mixed. Japan and the eurozone look somewhat better, but Australia...

The Lunar New Year holiday has shut many centers in Asia until the middle of the week, though China's mainland is on holiday all week. The signaling of a downshift in the pace of Fed tightening by...

There are several macro highlights in the week ahead, during which Chinese markets are closed for the Lunar New Year celebration. The preliminary January purchasing managers surveys pose headline...