There is no reason to expect the investment climate is going to change next week. The key drivers remain the same. The resurgence being seen in the virus is posing a speed bump in the re-opening and recovery process. The work of monetary and fiscal policy is not over. The low real and nominal interest …
Data and the Virus may Determine the Magnitude of the Dollar’s Bounce Read More »
Overview: Soft data in Asia and the continued decline in the yuan (six days and counting) prevented Asian equities from following the US lead from yesterday when the S&P 500 advanced by 0.8%. European shares are paring yesterday’s 1.2% advance despite an unexpected gain in the EMU flash PMI. US shares are little changed in …
Tick Up in EMU PMI Does Little, Waiting for Powell Read More »
In my first television appearance since joining Bannockburn Global Forex, I joined Tom Keene and Francine Lacqua on the Bloomberg set. In this nearly 2.5 min clip, we talk about the Indonesia rupiah and the dollar’s move above the IDR15000 level for the first time since the 1997-1998 Asian financial crisis. I suggest there …
Cool Video: Bloomberg Clip from Discussion on Emerging Markets Read More »