Marc Chandler

The US banking crisis has overwhelmed other market drivers. The market embraced the strong measures announced as Asia Pacific trading got underway even though moral hazard issues and gaps in the...

Three macro events highlight the week ahead. The US February CPI will be reported on March 14. The UK's Chancellor of the Exchequer Hunt will deliver the spring budget on March 15. The ECB meets the...

The unexpectedly large rise in US weekly jobless claims, the largest since the end of last September, and concerns about the impact of the sharp rise in interest rates on the liquidity and value of...

Seeing the drama he inspired on Tuesday, the Fed chair tried soft-pedaling the idea that he was signaling a 50 bp hike in March. The market did not buy it. And the odds, discounted by the Fed funds...

Federal Reserve Chair Powell's comments to the Senate Banking Committee were seen as hawkish by the market, even though it has been clear to most observers that the 5.10% median terminal rate that the...

The modest economic goals announced as China's National People's Congress started was seen as a cautionary sign after growth disappointed last year. It seemed to weigh on Chinese stocks, though other...

The dollar peaked last September/October and trended lower until the January jobs report and strong service ISM on February 3. These reports and firm inflation readings, owing, at least in part, to...

Talk from two Fed officials yesterday, which seemed to validate market expectations, eased the upward pressure on the dollar and helped equities launch a dramatic recovery. The market is pricing at a...

The jump in prices paid in yesterday's US ISM manufacturing coupled with the stronger eurozone inflation, with a new cyclical high reported in the core rate, underscores the market theme of...

Many investors may be skeptical of the accuracy of Chinese data, but its stronger-than-expected February PMI animated the animal spirits and bolstered risk-taking appetites. Asia Pacific equities...