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China Action on Commodities and Crypto Featured

May 24, 2021
Overview: The US dollar is firmer in the European morning after starting out with a softer bias in Asia Pacific turnover.  The dollar-bloc currencies, sterling, and the Swiss franc are heavy, but ranges are narrow, and consolidation seems to be the flavor of the day.  Central and Eastern European currencies are faring best among emerging markets, …
China Action on Commodities and Crypto Featured China Action on Commodities and Crypto Featured Reviewed by Marc Chandler on May 24, 2021 Rating: 5
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Consolidation in FX may be Welcome Given the Volatility Elsewhere

May 23, 2021
The reluctance of the Federal Reserve officials to signal a recalibration of policy given the booming economy, rising inflation and inflation expectations, and strong demand, as the vaccine rollout allows for a broader economic re-opening, continues to cap the dollar.  The jump in rates following the CPI surprise earlier in May and (misreading) of…
Consolidation in FX may be Welcome Given the Volatility Elsewhere Consolidation in FX may be Welcome Given the Volatility Elsewhere Reviewed by Marc Chandler on May 23, 2021 Rating: 5
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Discounting Policy Errors

May 22, 2021
The upcoming high-frequency economic data are unlikely to sway investors or policymakers. The key issue is whether price pressures are more than transitory, as officials at the Federal Reserve, European Central Bank, and the Bank of England say quite adamantly.  Investors are less sanguine.  European bond yields rose to the highs for the year last…
Discounting Policy Errors Discounting Policy Errors Reviewed by Marc Chandler on May 22, 2021 Rating: 5
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Eerie Calm Ahead of the Weekend

May 21, 2021
Overview:  Perhaps the dramatic volatility seen earlier this week has sapped the market's energy, and an eerie calm appears to be taking hold ahead of the weekend.  Despite the strong showing by US equities yesterday, the spillover into the Asia Pacific was limited.  Equity markets were mixed, Japan, Australia, Taiwan, and India among the stro…
Eerie Calm Ahead of the Weekend Eerie Calm Ahead of the Weekend Reviewed by Marc Chandler on May 21, 2021 Rating: 5
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Market Stabilize after Yesterday's Tumultuous Session

May 20, 2021
Overview:  US equity indices finished lower, but the real story was their recovery. Asia Pacific equities were mixed, with Australia's 1.5% rally leading the recovery in some markets, including Tokyo and Singapore.  Europe's Dow Jones Stoxx 600 is up a little more than 0.5% near mid-session, led by information technology and industrials, w…
Market Stabilize after Yesterday's Tumultuous Session Market Stabilize after Yesterday's Tumultuous Session Reviewed by Marc Chandler on May 20, 2021 Rating: 5
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