Edit

The Week Ahead

September 04, 2021
Don't let the US holiday on Monday distract you.  The first full week of September is jam-packed.  The highlights include the ECB meeting and China's inflation.  The Reserve Bank of Australia and the Bank of Canada also meet.  The Bank of Russia hiked rates consistently since March and moved by 100 bp in July, and meets again on September …
The Week Ahead The Week Ahead Reviewed by Marc Chandler on September 04, 2021 Rating: 5
Edit
Much Ado, but Barring Significant Downside Surprise, August Jobs Report will not Stand in the Way of Fed Tapering Much Ado, but Barring Significant Downside Surprise, August Jobs Report will not Stand in the Way of Fed Tapering Reviewed by Marc Chandler on September 03, 2021 Rating: 5
Edit

Australia Reports a Record Trade Surplus despite China's Boycott

September 02, 2021
Overview: The markets are mostly in a holding pattern so far today, ahead of tomorrow's US jobs data and the PMI services and final composite readings.  Equities on balance are firmer, and the dollar is softer.  In Asia Pacific, Japan, China, Hong Kong, and India, equities advanced, while, among the large markets, South Korea, Australia, and T…
Australia Reports a Record Trade Surplus despite China's Boycott Australia Reports a Record Trade Surplus despite China's Boycott Reviewed by Marc Chandler on September 02, 2021 Rating: 5
Edit

September Monthly

September 01, 2021
The US dollar was driven to new highs for the year in recent weeks by a combination of another signal that the Federal Reserve was still on track to taper before the end of the year and concerns about global aggregate demand.  The spread of the contagion has exacerbated the slowdown already seen in parts of Asia.  China's efforts to curb steel…
September Monthly September Monthly Reviewed by Marc Chandler on September 01, 2021 Rating: 5
Edit

The Dollar Begins September Heavier (Mostly)

September 01, 2021
Overview: The new month begins with risk appetites bolstered by stronger than expected PMI reports helping lift equity markets after the pause in the US yesterday.  The MSCI Asia Pacific Index extended its advance for a fourth session, led by 1%+ gains in Japan, China's CSI 300, and Singapore.  Europe's Dow Jones Stoxx 600 is at a new two-…
The Dollar Begins September Heavier (Mostly) The Dollar Begins September Heavier (Mostly) Reviewed by Marc Chandler on September 01, 2021 Rating: 5
Edit
Two Major Surprises Today: China's PMI on the Downside and Eurozone CPI on the Upside Two Major Surprises Today:  China's PMI on the Downside and Eurozone CPI on the Upside Reviewed by Marc Chandler on August 31, 2021 Rating: 5
Edit

Little Follow-Through from Powell's Goose

August 30, 2021
Overview: There has been some follow-through activity after Fed Chair Powell's pre-weekend Jackson Hole comments, which confirmed the likely tapering ahead of year-end while underscoring the distinction between taking one's foot off the accelerator gradually and stepping on the brake.  The record closes in US benchmarks helped lift Asia Pa…
Little Follow-Through from Powell's Goose Little Follow-Through from Powell's Goose Reviewed by Marc Chandler on August 30, 2021 Rating: 5
Powered by Blogger.