Edit

Is it About US Jobs Today?

December 02, 2016
Following the recent string of robust US economic data, and strong hints and conviction that the Fed is poised to hike rates in a fortnight, it will take a significant downside surprise to be significant.  Moreover, given economic backdrop, which has seen economists revise forecasts higher for Q4, a major disappointment, would likely be shrugged o…
Is it About US Jobs Today? Is it About US Jobs Today? Reviewed by Marc Chandler on December 02, 2016 Rating: 5
Edit

Cool Video: Bloomberg TV--Italy and Austria this Weekend

December 01, 2016
I was on Bloomberg Television with Joe Wisenthal this afternoon. I explain what I have been suggesting for the past couple of weeks, namely that the Austrian presidential election this weekend is the third point in the populist-nationalist wave, not Italy. 
The changes in the Senate are opposed by a broad array of forces in Italy, including many ve…
Cool Video: Bloomberg TV--Italy and Austria this Weekend Cool Video:  Bloomberg TV--Italy and Austria this Weekend Reviewed by Marc Chandler on December 01, 2016 Rating: 5
Edit

What Would Make This Dollar Bull Nervous

December 01, 2016
The Federal Reserve's real broad trade weighted dollar index rose 2.3% in November.  This is the largest monthly advance since September 2011.   This is the measure that officials and economists use to try to assess how the currency movement impact financial conditions and the economy. 
The recent string of economic data has been generally bett…
What Would Make This Dollar Bull Nervous What Would Make This Dollar Bull Nervous Reviewed by Marc Chandler on December 01, 2016 Rating: 5
Edit

Brexit Minister Sends Sterling Higher

December 01, 2016
Sterling has been lifted to its best since October 6 on the back of comments by UK's Brexit Minister Davis.  In answer to questions in Parliament, Davis acknowledged that access to the EU single market mightbe secured by the UK paying for it.  
He talked about making a contribution to the EU.  Last year, the UK paid about GBP13 bln.  The EU inv…
Brexit Minister Sends Sterling Higher Brexit Minister Sends Sterling Higher Reviewed by Marc Chandler on December 01, 2016 Rating: 5
Edit

Dollar is on the Defensive, though Yields Rise

December 01, 2016
The US dollar is trading heavily against most of the major currencies, but the general tone appears consolidative in nature.  Despite a disappointing UK manufacturing PMI (53.4, a four-month low), sterling is near a three-week high above $1.2600. 
Dollar is on the Defensive, though Yields Rise Dollar is on the Defensive, though Yields Rise Reviewed by Marc Chandler on December 01, 2016 Rating: 5
Powered by Blogger.