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Week Ahead is Short but Eventful

March 29, 2015
The calendar impacts the investment climate.  March 31 ends the month, quarter, and for several countries and companies, the fiscal year.  The Easter holiday is typically among the quietest in the capital markets, with many financial centers closed.  After April 1, full liquidity will not return until April 7.
At the same time, the dollar, bonds, s…
Week Ahead is Short but Eventful Week Ahead is Short but Eventful Reviewed by Marc Chandler on March 29, 2015 Rating: 5
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Near-Term Dollar Conviction Went MIA

March 28, 2015
The US dollar fell against most of the major and emerging market currencies in the past week.   The price action has been choppy, and many participants lack near-term conviction.  Month, quarter, and for many, fiscal-year end considerations also inject additional uncertainty.  Next week can be more of the same.  The week will be cut short by holid…
Near-Term Dollar Conviction Went MIA Near-Term Dollar Conviction Went MIA Reviewed by Marc Chandler on March 28, 2015 Rating: 5
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Talkin' and Yellen: Understanding the Fed

March 27, 2015
As the stock market prepares to close later today, Yellen will deliver a speech on the new normal for monetary policy at a conference hosted by the San Francisco Federal Reserve, of which she was previously the President. The question on many lips today is whether she will be more hawkish than she was at the press conference following the FOMC mee…
Talkin' and Yellen: Understanding the Fed Talkin'  and Yellen:  Understanding the Fed Reviewed by Marc Chandler on March 27, 2015 Rating: 5
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Dollar Extends Yesterday's Recovery

March 27, 2015
The greenback staged a reversal yesterday, and there has been follow through buying in Europe after a quiet Asian session.  It seems that after last week's dramatic reaction to the FOMC, the market is probing for the new range, and this has been complicated by the month, quarter and fiscal year end position adjustments. 
The market tried three…
Dollar Extends Yesterday's Recovery Dollar Extends Yesterday's Recovery Reviewed by Marc Chandler on March 27, 2015 Rating: 5
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Is Inflation Returning? Inflation Expectations are Rising

March 26, 2015
Japan reports CPI, alongside retail sales, unemployment and overall household spending early tomorrow in Tokyo.    Despite the extremely aggressive expansionary monetary policy, the BOJ has not managed to squash deflationary forces.  
The BOJ has chosen to target the core rate, which in Japan excludes fresh food.  The BOJ also wants to discount the…
Is Inflation Returning? Inflation Expectations are Rising Is Inflation Returning?  Inflation Expectations are Rising Reviewed by Marc Chandler on March 26, 2015 Rating: 5
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