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Change the Month, Change the Trend?

April 04, 2021
It seems in the recent past, short-term trends in the foreign exchange market change around monthly US jobs report. The euro held support last week near $1.1700, and the greenback held below JPY111.00.  It is difficult to read much into the price action due to the month and quarter-end adjustments, which also is the end of many governments and cor…
Change the Month, Change the Trend? Change the Month, Change the Trend? Reviewed by Marc Chandler on April 04, 2021 Rating: 5
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The New Week

April 03, 2021
The demise of America and the dollar has been an often-told tale.  Some even suggested that the sharp appreciation of the purely speculative crypto-token (Bitcoin) confirmed the loss of the US and the dollar's privileged position in the world economy.  In fact, quite the opposite appears to be taking place.  The latest reserve data from the IM…
The New Week The New Week Reviewed by Marc Chandler on April 03, 2021 Rating: 5
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Holiday Note: US Jobs Day

April 02, 2021
Overview:  Most financial centers are closed for the holiday today.  Those markets that were open in the Asia Pacific region, like Japan, China, and South Korea, advanced.  US equity futures are also higher after the S&P 500 reached a new record, and the NASDAQ gapped higher.  The cash market is closed today, but the bond market will have a sh…
Holiday Note: US Jobs Day Holiday Note:  US Jobs Day Reviewed by Marc Chandler on April 02, 2021 Rating: 5
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April Monthly

April 01, 2021
Four major forces shaped the investment climate in the first quarter:  the evolution of the virus and the rollout of the vaccine, the rising long-term interest rates driven by higher oil prices, America’s large fiscal stimulus, and optimism about the outlook, a sharp divergence between the US and other high-income countries, and a recovery in the …
April Monthly April Monthly Reviewed by Marc Chandler on April 01, 2021 Rating: 5
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Here's to a Better Second Quarter

April 01, 2021
Overview: The global capital markets have begun the new month and quarter on a good note.  Equity markets are encouraged by yesterday's gains in the US.  Most markets in the Asia Pacific region rallied, led by Hong Kong, even though earnings reports saw trading halted in around 50 companies.  Europe's Down Jones Stoxx 600 is edging closer …
Here's to a Better Second Quarter Here's to a Better Second Quarter Reviewed by Marc Chandler on April 01, 2021 Rating: 5
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