Results for $GBP
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Sterling and UK Debt Market Respond Favorably to the Return of Orthodoxy

October 17, 2022
Overview: The markets have returned from the weekend with a greater appetite for risk. Equities and bonds are rallying, and the dollar is better offered. China, Hong Kong, South Korea, and Indian bourses advanced. Mainland shares edged higher even though Zhengzhou, a city of one million people, near an iPhone manufacturing hub was locked down due …
Sterling and UK Debt Market Respond Favorably to the Return of Orthodoxy Sterling and UK Debt Market Respond Favorably to the Return of Orthodoxy Reviewed by Marc Chandler on October 17, 2022 Rating: 5
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No Rest for the Weary: The Week Ahead

October 08, 2022
In Volcker's days, when he used money supply to justify tightening monetary policy despite high unemployment, the money supply was released while markets were open, and it was The report. Later, by the mid-1980s, leading up to the Plaza Agreement, the deterioration of the US monthly trade balance was critical. It became The report. For several…
No Rest for the Weary: The Week Ahead No Rest for the Weary: The Week Ahead Reviewed by Marc Chandler on October 08, 2022 Rating: 5
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The Dollar Heads into the Weekend Well Bid

September 16, 2022
Overview:  The dollar is well bid. It has risen to new two-year highs against the dollar bloc and Chinese yuan. Aided by worse than expected retail sales, sterling, on its anniversary of leaving the European Exchange Rate Mechanism fell to its lowest level since 1985. This fits into the broader risk-off move. The S&P 500 fell to new two-month …
The Dollar Heads into the Weekend Well Bid The Dollar Heads into the Weekend Well Bid Reviewed by Marc Chandler on September 16, 2022 Rating: 5
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Hard to Be Sterling

September 29, 2021
Overview: Energy prices pulled back late yesterday, but it offered little reprieve to the bond market where the 10-year benchmark yields in the US, UK, Sweden, and Switzerland reached new three-month highs.  November WTI traded to almost $76.70 before reversing lower and leaving a potentially bearish shooting star candlestick in its wake.  The US …
Hard to Be Sterling Hard to Be Sterling Reviewed by Marc Chandler on September 29, 2021 Rating: 5
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US Jobs, EMU CPI, and BOE/RBA meetings Highlight Week Ahead

January 30, 2021
The high-frequency data cycle starts anew.  The investment climate continues to be shaped by the virus that is depressing economic activity and fueling pressure for policy responses.  In parts of Europe and the US, the pandemic surge from the holidays is breaking, and a third vaccine (Johnson and Johnson) appears to be a few weeks from being appro…
US Jobs, EMU CPI, and BOE/RBA meetings Highlight Week Ahead US Jobs, EMU CPI, and BOE/RBA meetings Highlight Week Ahead Reviewed by Marc Chandler on January 30, 2021 Rating: 5
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The Dollar Slips to New Lows against Sterling and the Mexican Peso

January 20, 2021
Overview: Global equities are moving higher today.  Led by continued strong buying of Hong Kong shares, the MSCI Asia Pacific Index rose to new highs.  The Hang Seng is up 6% this year and is approaching the 2019 record high.  Australia's shares set a new record today.  Japan and Taiwan bucked the trend.  Europe's Dow Jones Stoxx 600 has r…
The Dollar Slips to New Lows against Sterling and the Mexican Peso The Dollar Slips to New Lows against Sterling and the Mexican Peso Reviewed by Marc Chandler on January 20, 2021 Rating: 5
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Cool Video: CNBC-Asia--Brexit, Sterling, the Euro, and Dollar

December 14, 2020
I had the privilege to join Sri Jegarajah at CNBC Asia at the start of today's Asia Pacific session.  We had a broad chat about the dollar, Brexit, and the euro.  He gave me the opportunity to sketch out my views:1.  The dollar's entered a cyclical decline, and the "twin deficit" issue will likely frame the narrative.  Many obser…
Cool Video: CNBC-Asia--Brexit, Sterling, the Euro, and Dollar Cool Video: CNBC-Asia--Brexit, Sterling, the Euro, and Dollar Reviewed by Marc Chandler on December 14, 2020 Rating: 5
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December Monthly

December 01, 2020
The end of the annus horribilis is at hand, and despite the hard winter ahead for the northern hemisphere, there is a sense of optimism for the new year.  The first generation of vaccines for the coronavirus appears promising. The US has elected as president a person who is within the internationalist tradition.  The UK's standstill agreement …
December Monthly December Monthly Reviewed by Marc Chandler on December 01, 2020 Rating: 5
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