Edit

And Now for the Employment Report

December 06, 2019
Overview: Asia Pacific equities closed higher today, with India being a notable exception. Hong Kong and South Korea led with 1% rallies. For the week, the MSCI index for the region advanced to snap a three-week decline. European and US bourses have not fared as well. The Dow Jones Stoxx 600 is paring this week's losses, but it is still off ar…
And Now for the Employment Report And Now for the Employment Report Reviewed by Marc Chandler on December 06, 2019 Rating: 5
Edit

Sterling Sent Higher as Market Discounts Next Week's Election

December 05, 2019
Overview: Global equity markets have resumed their climb after a wobble at the end of last week and earlier this week. A strong recovery in the S&P 500 on Tuesday signaled yesterday's strong advance that left a bullish one-day island low in its wake. MSCI Asia Pacific Index snapped a two-day decline today with nearly all the market with th…
Sterling Sent Higher as Market Discounts Next Week's Election Sterling Sent Higher as Market Discounts Next Week's Election Reviewed by Marc Chandler on December 05, 2019 Rating: 5
Edit

Hope Springs Eternal

December 04, 2019
Overview: The prospect of not just the failure of the US and China to resolve its trade dispute but a new escalation has sapped the confidence that had lifted equity benchmarks and the greenback. Led by more than a 1% decline in Tokyo (Nikkei), Hong Kong, and Australia, all the major markets in the Asia Pacific region fell. European shares, perhap…
Hope Springs Eternal Hope Springs Eternal Reviewed by Marc Chandler on December 04, 2019 Rating: 5
Edit

US Brandishes Tariff Weapon and Weakens Animal Spirits

December 03, 2019
Overview: Asia Pacific equities mostly declined in sympathy with yesterday's large sell-off in the US and Europe. China and Taiwan were the notable exceptions, while Australia's 2.2% decline, following the central bank meeting that resulted in what many are seeing as a hawkish hold, led the move lower. Europe's Dow Jones Stoxx 600 fell…
US Brandishes Tariff Weapon and Weakens Animal Spirits US Brandishes Tariff Weapon and Weakens Animal Spirits Reviewed by Marc Chandler on December 03, 2019 Rating: 5
Edit

November Monthly

December 02, 2019
November was really about consolidation in the foreign exchange market.  Recall that the US dollar had fallen against nearly all the major currencies in October.  It recovered in November.  No new themes emerged.  The drivers remained the vagaries of the US-China trade talks, the build-up to the UK election in the middle of December, which is bei…
November Monthly November Monthly Reviewed by Marc Chandler on December 02, 2019 Rating: 5
Edit

PMIs Provide Latest Fuel for Equity Markets

December 02, 2019
Overview: Mostly better than expected manufacturing PMI readings for December, including in China, is providing the latest incentive for equity market bulls. Led by the Nikkei, which was aided by a weaker yen major equity markets in Asia Pacific rallied and recouped most of the nearly 1% loss before the weekend. Europe's Dow Jones Stoxx 600 is…
PMIs Provide Latest Fuel for Equity Markets PMIs Provide Latest Fuel for Equity Markets Reviewed by Marc Chandler on December 02, 2019 Rating: 5
Edit

The Dollar Continues to Flirt with Key Chart Points

December 01, 2019
The markets continue to seem optimistic.  The strength of the US flash PMI offered a contrast of most high-income regions.  Major the S&P 500 and the Dow Jones Stoxx 600 advanced last week after falling the previous week for the first time since early October.  Benchmark 10-year bond yields were mixed.  Asia Pacific experienced small declines,…
The Dollar Continues to Flirt with Key Chart Points The Dollar Continues to Flirt with Key Chart Points Reviewed by Marc Chandler on December 01, 2019 Rating: 5
Edit

Challenges and Opportunities in the Week Ahead

November 30, 2019
Liquidity will return to the foreign exchange market, and volatility may increase. The three-month implied volatility of the euro and yen fell to record lows last week (~4.35% and 5.06%, respectively), extending a multi-year trend. The dollar is threatening to break out of recent ranges that have been historically narrow.  A breakout could underpi…
Challenges and Opportunities in the Week Ahead Challenges and Opportunities in the Week Ahead Reviewed by Marc Chandler on November 30, 2019 Rating: 5
Subscribe to: Posts ( Atom )
Powered by Blogger.