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Greenback Starts Big Week Softer

July 26, 2021
Overview:  The price action in the foreign exchange and bond markets has been consistent with the risk-off narrative, spurred arguably by the surge in Delta mutation of the virus.  However, equity markets were less consistent with it.  Last week's weakness in the MSCI Asia Pacific Index seemed to be partly driven by Beijing's crackdown on …
Greenback Starts Big Week Softer Greenback Starts Big Week Softer Reviewed by Marc Chandler on July 26, 2021 Rating: 5
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US CPI to Surge, but is it All Base Effect?

April 13, 2021
Overview:  The US raised $207 bln yesterday by selling bills and coupons with little fanfare.  The bid-cover on the three-year and 10-year sales were a little softer than at the last auctions. Today, the US will sell $24 bln 30-year bonds, a few hours after news that is expected to show that CPI accelerated to its highest level since early last ye…
US CPI to Surge, but is it All Base Effect? US CPI to Surge, but is it All Base Effect? Reviewed by Marc Chandler on April 13, 2021 Rating: 5
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