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What to Expect When You are Expecting

September 22, 2021
Overview: The markets have stabilized since Monday's panic attack but have not made much headway.  China and Taiwan returned from the extended holiday weekend.  Mainland shares were mixed. Shanghai rose by about 0.4%, while Shenzhen fell by around 0.25%.  Taiwan got tagged for 2%, and Japan's Topix was off 1%.  Hong Kong and South Korean m…
What to Expect When You are Expecting What to Expect When You are Expecting Reviewed by Marc Chandler on September 22, 2021 Rating: 5
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Ever Grand

September 21, 2021
Overview: Coming into yesterday's session, the S&P 500 had fallen in eight of the past ten sessions.  It closed on its lows before the weekend and gapped.  Nearly the stories in the press blamed China and the likely failure of one of its largest property developers, Evergrande.  Those that are prone to the sky-is-falling narratives refer t…
Ever Grand Ever Grand Reviewed by Marc Chandler on September 21, 2021 Rating: 5
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Risk Appetites Didn't Return from the Weekend

September 20, 2021
Overview: Investors' mood did not improve over the weekend, and the lack of risk appetites are rippling through the capital markets today.  Equities have tumbled, yields have backed off, and the dollar is well bid.  Hong Kong and Australia led the sell-off in the Asia Pacific region, off 3.3% and 2.1%, respectively.  Regional losses may have b…
Risk Appetites Didn't Return from the Weekend Risk Appetites Didn't Return from the Weekend Reviewed by Marc Chandler on September 20, 2021 Rating: 5
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The Dollar is Aided by Speculation of a Hawkish Fed, Will It Sell-off on the Fact or Disappointment? The Dollar is Aided by Speculation of a Hawkish Fed, Will It Sell-off on the Fact or Disappointment? Reviewed by Marc Chandler on September 19, 2021 Rating: 5
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Central Bank Fest

September 18, 2021
In terms of central bank meetings, the week ahead is one of the busiest.  No fewer than 13 central banks hold policy meetings, divided between six major and seven emerging markets.  While the significance of US monetary policy for the world makes the FOMC meeting a highlight, it is Norges Bank, Norway's central bank, that will steal the march,…
Central Bank Fest Central Bank Fest Reviewed by Marc Chandler on September 18, 2021 Rating: 5
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Euro Holds above Yesterday's Lows Even After the ECB Denies the FT Story

September 17, 2021
Overview:  The week is winding down and risk-appetites seem vulnerable even though the MSCI Asia Pacific Index pared its first weekly loss in four, led by gains in Tokyo and Hong Kong.  With those gains, Japanese markets turned positive for the week, while Hong Kong's loss was narrowed to just below 5%.  Europe's Dow Jones Stoxx 600 gave u…
Euro Holds above Yesterday's Lows Even After the ECB Denies the FT Story Euro Holds above Yesterday's Lows Even After the ECB Denies the FT Story Reviewed by Marc Chandler on September 17, 2021 Rating: 5
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Australia and New Zealand Move in Opposite Directions

September 16, 2021
Overview: The energy complex has become a key focus, with Brent oil holding above $75 and WTI above $72.  Natural gas, which reached seven-year highs yesterday, is giving back around half of yesterday's 3.8% rally.  Rising energy prices play on fears of stagflation and also aggravate supply chain challenges.  Meanwhile, China's Evergrande …
Australia and New Zealand Move in Opposite Directions Australia and New Zealand Move in Opposite Directions Reviewed by Marc Chandler on September 16, 2021 Rating: 5
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China Disappoints, but the Yuan Remains Strong

September 15, 2021
Overview: The sixth decline of the S&P 500 in the past seven sessions set a negative tone for equity trading in the Asia Pacific region, and the poor Chinese data did not help matters.  News that China's troubled Evergrande would miss next week's interest payment weighed on sentiment too.  Only South Korea and India of the large market…
China Disappoints, but the Yuan Remains Strong China Disappoints, but the Yuan Remains Strong Reviewed by Marc Chandler on September 15, 2021 Rating: 5
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