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Enguard Lagarde

July 22, 2021
Overview: The rally in US shares yesterday, ostensibly fueled by strong earnings reports, is helping to encourage risk appetites today.  The MSCI Asia Pacific Index is posting its biggest gain in around two weeks, though Japan's markets are closed today and tomorrow.  The Dow Jones Stoxx 600 is building on yesterday's rally, and with today…
Enguard Lagarde Enguard Lagarde Reviewed by Marc Chandler on July 22, 2021 Rating: 5
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Did Japan Deliver a Fait Accompli to the US?

July 21, 2021
Overview:  The biggest rally in US equities in four months has helped stabilize global shares today.  In the Asia Pacific region, Japan, China, and Australian markets advanced.  Led by information technology and consumer discretionary sectors, Europe's Dow Jones Stoxx 600 is up around 1.35% near the middle of the session.  US equity futures ar…
Did Japan Deliver a Fait Accompli to the US? Did Japan Deliver a Fait Accompli to the US?  Reviewed by Marc Chandler on July 21, 2021 Rating: 5
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Doom and Gloom Take Toll

July 20, 2021
Overview:  The capital markets have begun stabilizing after yesterday's dramatic moves.  The MSCI Asia Pacific Index did, though, see follow-through selling, and the third consecutive loss saw the benchmark close below its 200-day moving average for the first time in a year.  Europe's Dow Jones Stoxx 600 is posting small gains to snap a fo…
Doom and Gloom Take Toll Doom and Gloom Take Toll Reviewed by Marc Chandler on July 20, 2021 Rating: 5
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Delta Variant Saps Risk Taking Appetites, Sending the Greenback Higher even as Rates Fall Delta Variant Saps Risk Taking Appetites, Sending the Greenback Higher even as Rates Fall Reviewed by Marc Chandler on July 19, 2021 Rating: 5
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Rates and Currencies Act like They are From Different Planets

July 18, 2021
Stronger than expected US inflation and retail sales, and counter-intuitively Treasury yields softened, and the dollar strengthened.  The 10-year yield slipped four basis points on the week to 1.32%.  The yield has risen in three of the past 15 weeks.  It is tough to argue that it is a fluke.  While it is holding above the 200-day moving average (…
Rates and Currencies Act like They are From Different Planets Rates and Currencies Act like They are From Different Planets Reviewed by Marc Chandler on July 18, 2021 Rating: 5
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