Marc Chandler

Although the US January CPI was in line with expectations, the year-over-year rate was a little firmer than expected. Still, the measure that Fed Chair Powell has underscored, core services, excluding...

The focus is on the US CPI report today, but the price action is anything but intuitive. Although the revisions of the basket and methodological changes reinforce expectations for the largest rise in...

A consolidative tone is mostly the theme of the day. The revisions to the US CPI announced before the weekend add to the uncertainty and focus on tomorrow's report. At the same time, investors watch...

After selling off sharply in the past four months, the US dollar rebounded. Since the FOMC meeting on Feb. 1, it has enjoyed one of the strongest bounces since it topped out in late September/early...

After selling off sharply in the past four months, the dollar rebounded. Since the FOMC meeting on February 1, it has enjoyed one of the strongest bounces since it topped out in late September/early...

Japanese press reports that the BOJ Deputy Governor Amamiya turned down the opportunity to become the next BOJ governor. Instead, next week, former BOJ board member Kazuo Ueda will be nominated. The...

The capital markets have shrugged off the more than 1% loss of the NASDAQ Composite and S&P 500 yesterday and have jumped back into risk assets. The stocks and bonds have been bought, and the dollar...

The US dollar is mostly trading against the G10 and most emerging market currencies today with a downside bias today. It had begun the week extending the gains spurred by the dramatic jump in nonfarm...

After large moves yesterday, the capital markets are quieter today. Stocks are mostly firmer, and the United States 10-Year yield is a little softer near 3.62%. Strong nominal wage increases in Japan...

The honeymoon for risk assets that began the year ended with a bang at the end of last week with the monster US jobs report and the rebound in the service ISM. Disappointing news from several large US...