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Calmer Capital Markets...for the Moment

September 15, 2022
Overview:  The capital markets are quiet today. Equity markets and bond yields have a slight upside bias, while the dollar is little changed. Despite reports that the lockdown in Chengdu is easing, Chinese equities underperformed in the Asia Pacific region. Japan, Hong Kong, Taiwan, and Australia eked out modest gains. After sliding around 2.4% ov…
Calmer Capital Markets...for the Moment Calmer Capital Markets...for the Moment Reviewed by Marc Chandler on September 15, 2022 Rating: 5
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Markets Remain on Edge

September 14, 2022
Overview: The firmer than expected US CPI set off a major reversal of the recent price action. It is a two-prong issue. The first is about inflation and the squeeze on the cost-of-living. The second, and more powerful in the capital markets is how the Fed is likely to respond. This drove US stocks and bonds lower and lifted the dollar broadly. Asi…
Markets Remain on Edge Markets Remain on Edge Reviewed by Marc Chandler on September 14, 2022 Rating: 5
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Will the Dollar Recover After CPI?

September 13, 2022
Overview: The US dollar remains offered ahead of today’s CPI report. Most European currencies are outperforming the dollar bloc, and the greenback is holding inside yesterday’s range against the yen. Most emerging market currencies are firmer, as well. China’s markets re-opened from the long-holiday weekend and the yuan is a touch softer. After th…
Will the Dollar Recover After CPI? Will the Dollar Recover After CPI? Reviewed by Marc Chandler on September 13, 2022 Rating: 5
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Careful about Chasing the Dollar Lower in North America Today

September 12, 2022
Overview: The bout of profit-taking on long dollar positions begun last week has carried into the start of this week.  Despite the escalating rhetoric, the yen is not participating today and is trading within the pre-weekend ranges.  The greenback’s lows have been set in the European morning and have stretched the intraday momentum indicators, sug…
Careful about Chasing the Dollar Lower in North America Today Careful about Chasing the Dollar Lower in North America Today Reviewed by Marc Chandler on September 12, 2022 Rating: 5
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The Dollar: Was it the ECB and BOJ or the Bounce in Equities?

September 11, 2022
After extending its recent gains, the dollar fell sharply at the end of last week. Many factors could have sparked the pullback, including the stronger expressions of concern by Japanese officials with an implicit threat of intervention and perceptions of an increased likelihood that the ECB will deliver another 75 bp hike next month. We had antic…
The Dollar: Was it the ECB and BOJ or the Bounce in Equities? The Dollar:  Was it the ECB and BOJ or the Bounce in Equities? Reviewed by Marc Chandler on September 11, 2022 Rating: 5
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