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Abe's Assassination Shocks the World

July 08, 2022
Overview: News that former Prime Minister Abe was assassinated while campaigning in Japan ahead of the weekend election shocked the nation and world. The immediate market impact looks minimal. Asia Pacific equities mostly advanced. Chinese stocks were the main exception and generally underperformed the other large regional markets this week. After…
Abe's Assassination Shocks the World Abe's Assassination Shocks the World Reviewed by Marc Chandler on July 08, 2022 Rating: 5
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Johnson Resigns, but Still not Clear if He Controls the Timing

July 07, 2022
Overview: The resignation of a UK prime minister makes for high political drama, but the markets hardly moved on it. Sterling, like most of the major currencies, are recovering against the dollar today. UK equities are higher but are not really outperforming their peers. Asia Pacific bourses rallied, with Taiwan leading the way with a 2.5% surge. …
Johnson Resigns, but Still not Clear if He Controls the Timing Johnson Resigns, but Still not Clear if He Controls the Timing Reviewed by Marc Chandler on July 07, 2022 Rating: 5
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The Dollar Remains Bid, while Sterling Shrugs Off Johnson's Political Woes

July 06, 2022
Overview: The dollar jumped yesterday making new highs against most of the major currencies, including the euro, sterling, the dollar-bloc and the Scandis. The yen and Swiss franc held in better, but the greenback still closed firmly against the yen despite a six-basis point decline in the 10-year yield. The Swiss franc rose to its highest level a…
The Dollar Remains Bid, while Sterling Shrugs Off Johnson's Political Woes The Dollar Remains Bid, while Sterling Shrugs Off Johnson's Political Woes Reviewed by Marc Chandler on July 06, 2022 Rating: 5
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The Dollar Jumps and the Euro Slips under $1.03

July 05, 2022
Overview: The dollar is soaring today, and the euro is trading at new 22-year lows having traded below $1.03. Even a 50 bp hike by the Reserve Bank of Australia has failed to prevent a sharp drop in the Australian dollar. The session seemed to have begun off well enough. Japan, South Korean, Taiwan, Australian, and Indian shares advanced in the As…
The Dollar Jumps and the Euro Slips under $1.03 The Dollar Jumps and the Euro Slips under $1.03 Reviewed by Marc Chandler on July 05, 2022 Rating: 5
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What Happened Today in a Few Bullet Points

July 04, 2022
1. The most important thing to appreciate is that the market has moved to price not one but two cFed cuts next year.The first is priced into the September Fed funds futures and the second is in the Dec Fed funds futures.  This I in response to weaker than expected data that have elevated recession fears.  The Atlanta …
What Happened Today in a Few Bullet Points What Happened Today in a Few Bullet Points Reviewed by Marc Chandler on July 04, 2022 Rating: 5
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