Edit

Greenback has Legs Ahead of the Fed and Jobs

October 31, 2021
The US dollar turned in a mixed performance last week but ended on a solid note.  The pre-weekend and month-end activity may have exaggerated the greenback's gains, but we suspect ahead of the FOMC meeting and the US jobs data that is the direction. Our understanding of the technical condition also favors a stronger dollar. The jump in Austral…
Greenback has Legs Ahead of the Fed and Jobs Greenback has Legs Ahead of the Fed and Jobs Reviewed by Marc Chandler on October 31, 2021 Rating: 5
Edit

The Week Ahead: Four Central Banks and the US Jobs Report

October 30, 2021
The Bank of England and the Federal Reserve meetings are the highlights of the week ahead.  Usually, the US jobs report is the main feature of the beginning of a new month's high-frequency data cycle. However, the FOMC meeting two days earlier may take away some of its significance, even if it still possesses some headline risk.  Two other maj…
The Week Ahead: Four Central Banks and the US Jobs Report The Week Ahead: Four Central Banks and the US Jobs Report Reviewed by Marc Chandler on October 30, 2021 Rating: 5
Edit

Rate Adjustment Continues and the Greenback Pares the Week's Losses

October 29, 2021
Overview:  Disappointing Apple and Amazon earnings news after the NASDAQ set a record high set the stage of a weaker bias in the Asia Pacific region today. China and Japan still posted gains, while local developments, like an unexpected drop in South Korea's industrial output, and Australia struggling to exit its yield-curve control, saw equit…
Rate Adjustment Continues and the Greenback Pares the Week's Losses Rate Adjustment Continues and the Greenback Pares the Week's Losses Reviewed by Marc Chandler on October 29, 2021 Rating: 5
Edit

Eyes Turn to the ECB and the First Look at Q3 US GDP

October 28, 2021
Overview:  The market awaits the ECB meeting and the first look at the US Q3 GDP.  The pullback in US shares yesterday was a drag on the Asia Pacific equities.  It is the first back-to-back loss of the MSCI Asia Pacific in a few weeks.  Europe's Stoxx 600 is recovering from early weakness and US future indices are firm.  The US 10-year yield i…
Eyes Turn to the ECB and the First Look at Q3 US GDP Eyes Turn to the ECB and the First Look at Q3 US GDP Reviewed by Marc Chandler on October 28, 2021 Rating: 5
Edit

Today's Big Events Still Lie Ahead

October 27, 2021
Overview: The day’s big events lie ahead:  the UK’s budget, the Bank of Canada, and the central bank of Brazil meetings.  The US data on tap, especially trade and inventories, will allow economists to fine-tune their forecasts for tomorrow’s first estimate of Q3 GDP. The mixed tech earnings helped spur a bout of profit-taking in Asia Pacific equit…
Today's Big Events Still Lie Ahead Today's Big Events Still Lie Ahead Reviewed by Marc Chandler on October 27, 2021 Rating: 5
Edit

Strong Earnings and Easing of (Some) Political Tensions Bolster Sentiment

October 26, 2021
Overview:  Helped by new record highs in the S&P 500 and Dow Industrials, constructive earnings, and an easing of political tensions, risk appetites are robust today.  The MSCI Asia Pacific Index recouped yesterday's losses plus more as the large equity markets in the region, but China and Hong Kong rose, led by a more than 1% gain in Toky…
Strong Earnings and Easing of (Some) Political Tensions Bolster Sentiment Strong Earnings and Easing of (Some) Political Tensions Bolster Sentiment Reviewed by Marc Chandler on October 26, 2021 Rating: 5
Edit

Big Week Begins Slowly

October 25, 2021
Overview:  The global capital markets give little indication of the important economic and earnings data that lie ahead this week.  There is an eerie calm. Equities in Asia were mixed.  Japan and Hong Kong, and most small bourses were lower.  Last week, the MSCI Asia Pacific Index gained almost 0.9%. Europe's Stoxx 600 is little changed after …
Big Week Begins Slowly Big Week Begins Slowly Reviewed by Marc Chandler on October 25, 2021 Rating: 5
Edit
Are the Technicals Anticipating a Soft US GDP Report? Could it be a "Sell the Rumor buy the Fact?" Are the Technicals Anticipating a Soft US GDP Report? Could it be a "Sell the Rumor buy the Fact?" Reviewed by Marc Chandler on October 24, 2021 Rating: 5
Subscribe to: Posts ( Atom )
Powered by Blogger.