Category Archive: 4) FX Trends

Main Author Marc Chandler
Marc Chandler
He has been covering the global capital markets in one fashion or another for more than 30 years, working at economic consulting firms and global investment banks. After 14 years as the global head of currency strategy for Brown Brothers Harriman, Chandler joined Bannockburn Global Forex, as a managing partner and chief markets strategist as of October 1, 2018.

7 things I wish I knew when I built my first home trading office

In an earlier video, Adam Button from ForexLive took you through his ultimate home office set-up (https://www.youtube.com/watch?v=8XmR5eiDzIk). In this video, Adam talks about 7 things to do if you're serious about building an office at home. Whether it's a forex trading office or for work in general, you want to do it right and these home office building tips are key. LET'S CONNECT! Facebook ► http://facebook.com/forexlive Twitter ►...

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7 things I wish I knew when I built my first home trading office

In an earlier video, Adam Button from ForexLive took you through his ultimate home office set-up (https://www.youtube.com/watch?v=8XmR5eiDzIk). In this video, Adam talks about 7 things to do if you’re serious about building an office at home. Whether it’s a forex trading office or for work in general, you want to do it right and these …

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FX Daily, April 16: Markets Brace for another Jump in US Weekly Jobless Claims

Overview:  Equity losses in the US appeared to drag most Asia Pacific markets lower today, with China and India the notable exceptions.  European bourses are higher, and the only energy sector is a drag on the Dow Jones Stoxx 600,  which is around 1% higher in late morning turnover, while US shares are also trading firmer.  Asia Pacific 10-year benchmark yields eased. 

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FX Daily, April 15: Dollar Rises as Equities Slump

Overview:  The recovery in equities stalled, and the risk-off mood has helped lift the US dollar, which had been trending lower. Taiwan and Malaysia were notable exceptions in the Asia Pacific regions to the heavier equity tone. The Nikkei gave back almost 0.5% after surging more than 3% on Tuesday. Europe's Dow Jones Stoxx 600 is ending a five-day rally. 

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FX Daily, April 14: Equities are Firm but New Developments Needed or Risk Appetites may Become Satiated

Overview: Risk appetites have returned today after taking yesterday off. The MSCI Asia Pacific Index advanced every day last week, slipped yesterday, and jumped back today. Most of the national benchmark advanced at least 1.5%, and the Nikkei led the way with a 3% rally to reach its best level since mid-March.

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What to Expect from the World Bank and IMF

The spring meetings of the World Bank and IMF will be held virtually this week amid a profound economic crisis spurred by a novel coronavirus.  Unlike previous such viruses, this went global in such a destructive way that many countries have responded the same way.  Encouraging social distancing, closing non-essential businesses, and enforcing lockdowns. 

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Cool Video: CNBC Asia

As the markets were re-opening in Asia earlier today, I joined Martin Soong and Sir Jegarajah on CNBC Asia.  I had returned from a business trip and visited our summer house on the Jersey shore for what I thought was going to be a weekend more than a month ago.  

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The ultimate home trading station and office tour

In a look at the ultimate trading station and home office, Adam Button from ForexLive offers a tour of his setup. During the height of the coronavirus pandemic, this is a look at an unrivaled home office for trading forex or anything else. When people see the trading station what jumps out is the 8 computer monitors and a giant sit-stand desk but it’s the little details that make or break a home trading office. This tour talks about those and all...

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The ultimate home trading station and office tour

In a look at the ultimate trading station and home office, Adam Button from ForexLive offers a tour of his setup. During the height of the coronavirus pandemic, this is a look at an unrivaled home office for trading forex or anything else. When people see the trading station what jumps out is the 8 … Continue reading...

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FX Daily, April 10: Eight Things to Know about Global Capital Markets on Good Friday

Most of the financial centers in Europe and North America are closed today for the Good Friday holiday.  Many markets in Europe will also be closed on Monday. Here is a summary of key developments.

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FX Daily, April 9: Three Deals Needed ahead of Holiday Weekend

Overview: Three deals need to be struck. First, the Eurogroup of finance ministers needs to reach an agreement of proposals for joint action to the heads of state. Second, oil producers need to cut output if prices are to stabilize. Third, the US Congress needs to strike a deal to provide more funding. Investor seems hopeful, and risk appetites are have lifted equities.

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Cool Video: OIl, ECB, and Animal Spirits

I had the privilege to join Ben Lichtenstein at TD Ameritrade (from a remote location) this morning to talk about the global markets.  I make four points.  First, the reversal of the S&P 500 yesterday set the tone for Asia and Europe.  Volatility throughout the capital markets remains elevated, even if off the peaks.  

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FX Daily, April 8: Flavor of the Day: Consolidation

Overview: Global equities are struggling after the S&P 500 staged a dramatic reversal yesterday. The early 3.5% gain was completely unwound and closed slightly lower.  With few exceptions (e.g., Japan and the Philippines), most equity markets in the Asia Pacific region and Europe are lower.

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FX Daily, April 6: Glimmer of Hope Lifts Markets

Overview:  Reports suggesting that some of the hot spots for the virus contagion appear to be leveling off, and this is helping underpin risk appetites today.  The curve seems to be flattening in Italy, Spain, and France.  In the US, there are some early signs of leveling off in NY, and now, the number of states with infection rates above 20% is less than 10 from over 40 last week.

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FX Daily, April 03: Oil Firm, Greenback Extends Gains

Overview:  Global equities are finishing the week on a soggy tone despite the 2%+ gains seen in the US yesterday. The extension of shutdowns, rising contagion and fatality rate, and imploding economies weigh on prices. In Asia, Korea and Indonesia bucked the trend to most minor gains.  Europe is giving back yesterday's gains, and the Dow Jones Stoxx 600 is nearly flat on the week.

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April Monthly

In March,  the G10 and many emerging market countries, governments, and central banks unveiled large emergency measures.  The motivation is to blunt the economic impact of the novel coronavirus that has seen more than two billion people around the world have their movement restricted. Large swathes of the world's economy have shut down. 

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FX Daily, April 2: Optimism on Oil Deal Steadies Risk Appetites…for the Moment

Overview: After US stocks dropped more than 4% yesterday, investor sentiment has improved, apparently sparked by ideas that the pain will force oil producers to find a way to reduce supply. Oil prices have surged, with the May WTI contract rallying around 7%. Asia Pacific equities were mostly higher, with Japan and Australia the notable exceptions.

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FX Daily, April 1: Hemorrhaging Resumes

Overview: There is no reprieve for investors. Equities are falling sharply. Nearly all the Asia Pacific markets slumped but Australia. Chinese markets fared better than most, but the Nikkei was off 4.5%, and India was down almost as much in late dealings. Europe's Dow Jones Stoxx 600 is off more than 3% near midday, led by a sell-off in banks that are suspending dividends and share buybacks.

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FX Daily, March 31: March Ends like a Lion, No Lamb in Sight

Overview: The coronavirus plague upended the world in March. Equities are finishing the month on a firm note. Strong gains in the US yesterday and an unexpectedly strong Chinese PMI (yes, to be taken with the proverbial grain of salt) helped lift most Asia Pacific and European markets today. Japan and Australia are exceptions to the generalization.

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FX Daily, March 30: Monday Blues

Overview: Risk appetites remain in check as the spread of the coronavirus is leading to more and longer shutdowns.  Asia Pacific equities fell with Australia, the notable exception.  Its benchmark rallied a record 7%, encouraged by additional stimulus measures.

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