Edit

Dollar is Lifted Ahead of the Weekend

May 23, 2014
The US dollar is firm as the week winds down. It had slipped through the 200-day moving average against the yen (~JPY101.25-30) in the first half of the week, to test the year's low near JPY100.80. However, arguably with the help of somewhat higher US Treasury yields, the dollar rebounded to test the JPY102 area today.
It is the euro, instead, …
Dollar is Lifted Ahead of the Weekend Dollar is Lifted Ahead of the Weekend Reviewed by Marc Chandler on May 23, 2014 Rating: 5
Edit

Emerging Markets: What has Changed

May 22, 2014
(from my colleagues Dr. Win Thin and Ilan Solot)
1) Recent headlines suggest that Russia and China have managed to sign the estimated $440 bln gas deal 2) Protests and strikes are heating up the political landscape in Brazil 3) The Thai army has assumed power in a coup after the main political parties were unable to reach a negotiated solution to …
Emerging Markets: What has Changed Emerging Markets: What has Changed Reviewed by Marc Chandler on May 22, 2014 Rating: 5
Edit

Expect Short Honeymoon for Putin

May 22, 2014
Russia's Putin has been negotiating an energy deal with China for over a decade. The relationship with Europe, its largest customer, has soured, Putin was desperate. The deal struck is significant at something on the magnitude of $400 bln over a 30-year period. Although the price of natural gas was not revealed, it appears to be somewhat low…
Expect Short Honeymoon for Putin Expect Short Honeymoon for Putin Reviewed by Marc Chandler on May 22, 2014 Rating: 5
Edit

FX: Light but Little Heat

May 22, 2014
Three new pieces for the macroeconomic jigsaw puzzle have fallen into place today, but the price action in the foreign exchange market is lackluster, at best. Yesterday's standouts, the yen and sterling have seen their gains pared a bit, and the euro, which fell to three-month lows yesterday, is trading broadly sideways below $1.37.
First, HSB…
FX: Light but Little Heat FX: Light but Little Heat Reviewed by Marc Chandler on May 22, 2014 Rating: 5
Edit

Great Graphic: US Exports by State

May 21, 2014
This Great Graphic was posted by Andy Kiersz on Business Insider.   It draw on data from the US Census and shows the most important (by dollar value) export of each of the 50 states in the US.  
For nearly a quarter of the states (12), airplanes or airplane components  are the largest export.  A little more than 14% of the states (7) have oil as th…
Great Graphic: US Exports by State Great Graphic: US Exports by State Reviewed by Marc Chandler on May 21, 2014 Rating: 5
Subscribe to: Posts ( Atom )
Powered by Blogger.