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The Employment Report may not Give Greenback much of a Reprieve

December 04, 2020
Overview:  After wobbling late yesterday on what appears to be old news from Pfizer about a disruption of the vaccine's supply chain, equity markets have recovered, and risk appetites remain intact.   With more than 1% gains in South Korea's Kospi and Taiwan's Taiex, the MSCI Asia Pacific benchmark secured its fifth consecutive weekly …
The Employment Report may not Give Greenback much of a Reprieve The Employment Report may not Give Greenback much of a Reprieve Reviewed by Marc Chandler on December 04, 2020 Rating: 5
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Treasury and Dollar Selling Go Hand-in-Hand

December 03, 2020
Overview:  Selling pressure on the dollar and US Treasuries intensified in North America yesterday.  The dollar fell to new lows against the dollar-bloc, euro, and Swiss franc yesterday. The US 10-year yield rose to new three-week highs.  The S&P 500 set a new closing record high.  While Asia Pacific equities are mostly advanced, mild profit-t…
Treasury and Dollar Selling Go Hand-in-Hand Treasury and Dollar Selling Go Hand-in-Hand Reviewed by Marc Chandler on December 03, 2020 Rating: 5
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Euro Rally Stalls while Brexit Concerns Trip Sterling

December 02, 2020
Overview:  The selling pressure that drove the dollar lower yesterday has abated, and the greenback is paring yesterday's loss, though the dollar-bloc currencies are showing some resilience.  EC negotiator Barnier briefed ministers that the same three issues that have bedeviled the trade talks with the UK remain unresolved (fisheries, level pl…
Euro Rally Stalls while Brexit Concerns Trip Sterling Euro Rally Stalls while Brexit Concerns Trip Sterling Reviewed by Marc Chandler on December 02, 2020 Rating: 5
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December Monthly

December 01, 2020
The end of the annus horribilis is at hand, and despite the hard winter ahead for the northern hemisphere, there is a sense of optimism for the new year.  The first generation of vaccines for the coronavirus appears promising. The US has elected as president a person who is within the internationalist tradition.  The UK's standstill agreement …
December Monthly December Monthly Reviewed by Marc Chandler on December 01, 2020 Rating: 5
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No Follow-Through After Month-End Adjustments

December 01, 2020
Overview:  The near-record rallies seen in the major equity markets in November may have contributed to the month-end drama yesterday.  There has been no follow-through activity.   Stocks bounced back, and the US dollar is heavy, with few exceptions.  In the Asia Pacific region, all the markets are higher, and most rose by more than 1%.  The Europ…
No Follow-Through After Month-End Adjustments No Follow-Through After Month-End Adjustments Reviewed by Marc Chandler on December 01, 2020 Rating: 5
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