Marc Chandler | TalkMarkets | Page 289
Political Economist
Marc Chandler has been covering the global capital markets in one fashion or another for more than 25 years, working at economic consulting firms and global investment banks. Chandler attended North Central College for undergraduate work, where he majored in political science and the humanities. ...more

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Great Graphic: Peak Driving
Pundits have talked about peak oil and peak water, and peak nearly every finite resource.
Two Equity Stories You May Have Missed
It has been a poor week for equity markets, even as the session's losses are being pared, or even reversed. Geopolitical tensions, and the fallout from escalating sanctions, are the easily cited culprits, along side some disappointing earnings.
Short Squeeze Lifts Euro, While Falling Yields Weigh On Dollar
The key driver of the global capital market is the heightened geopolitical risks ahead of the weekend. These now include the US air strikes in Iraq, as well as a sense that the situation in the Ukraine is reaching an inflection point.
Great Graphic: US-Russian Trade
The US reported a June trade deficit that was smaller than expected. The $41.5 bln shortfall was the smallest since January.
Draghi Stays The Course
As widely anticipated, the ECB left policy on hold and Draghi did not change his tone or general assessment.
Waiting For Draghi
The US dollar recouped some of the modest losses seen in North America yesterday. The focus is not, though, so much on the US today. The Bank of England, and even more important for the markets today, the ECB meets.
Great Graphic: US Corporate Taxes, Inversions And Surplus Savings
Walgreen's decision to go ahead an buy the 55% of Alliance-Boosts that it does not own, but not move their headquarters may mark the beginning of the end of the so-called inversion boom.
Greenback Remains Firm
The US dollar remains firm following the much stronger than expected service PMI yesterday, heightened concerns around Ukraine and uninspiring European data.
Great Graphic: Wages And Productivity
We live in a brave new world. Never before have the major central banks so strongly advocated higher wages.
Services PMIs In Focus
The service PMIs have provided sufficient incentives to widen the currency ranges seen yesterday, though the net change is modest.
Great Graphic: Leading Industry Employer By State 1990 And 2013
This Great Graphic was posted by Rani Molla of Wall Street Journal. It draws on Bureau of Labor Statistics data to show the industry with the highest employment by state. There is a snapshot from 1990 and from 2013.
Markets Look For Direction
Most of the capital markets action here at the start of the week fall into one of two buckets. The first bucket is consolidation. Through the European morning, the most actively traded currency pair, the euro-dollar--is confined to less than 20-ticks.
Some Thoughts About The Week Ahead
Four central banks meet in the week ahead, and non-manufacturing purchasing managers surveys will be reported.
Pause In US Dollar Rally
The US dollar had looked like it was finally finding traction. The euro was at its lowest level since last November.
Great Graphic: Asian PMIs
It is the beginning of the month and a new data cycle. It starts with manufacturing PMI reports. ThisGreat Graphic was tweeted by Markit, but also draws on data from Japan's Materials Management Association and HSBC.
Muted Market Reaction To Job Data Disappointment
The US employment data was disappointing. The short-term market had been leaning the wrong way. The recent data had fanned hopes that the labor market was accelerating, but today’s data suggest the pace of improvement has not changed.
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