from MacroScope:

Emerging market stocks look more resilient to a Fed rate hike

April 9, 2015

Members of the Legio X Fretensis (Malta) re-enactment group take part in a display of ancient Roman army life at Fort Rinella in Kalkara, outside Valletta

Expectations may have been pushed to later this year for when the U.S. Federal Reserve will hike interest rates, but a repeat of another steep sell-off in emerging market stocks appears unlikely as much has already been priced in - and because of the stronger dollar.

from Morning Bid with David Gaffen:

Living in a Kocherlakota world

April 8, 2015

The Federal Reserve will release the minutes from its March 17-18 monetary policy meeting, when it dropped the word “patient” from its statement. But it also added another half-step before it moves on raising rates by talking up worries about the labor market and generally making it seem like rate hikes will happen sometime never.

from Morning Bid with David Gaffen:

Waiting for Mr. Dudley

April 7, 2015

Earnings do not really get under way until next week, and the few early birds coming through in the next few days, like the usual Alcoa, et al, are not bellwethers of much other than global demand for aluminum.

from MacroScope:

Currency concerns everywhere

By Mike Peacock
March 24, 2015

A bureau de change operator counts U.S. currency notes in Abuja

Currency concerns in the central banking world have come to the fore again.

Sweden cut interest rates further into negative territory out of the blue last week, fearing its strong currency will engender deflation. The Swiss National Bank said it would aim to weaken what it sees as a "significantly overvalued" franc. And the Bank of England flagged the risk that sterling could strengthen further and leave inflation below target for longer.

from Morning Bid with David Gaffen:

Moderation in Atlanta

March 20, 2015

The Federal Reserve certainly confused investors on Wednesday. What with the "patience" brouhaha and the dot matrix of where the Fed expects rates to go, which takes into account the labor market, it will be a welcome relief to see a few Fed speakers come out and hopefully clarify what the central bank is thinking right now.

from Morning Bid with David Gaffen:

The Fed and wages

March 19, 2015

So now what? The biggest surprise from the Federal Reserve's statement on Wednesday was that the committee argued for more improvement in the labor market before it would feel comfortable with starting to raise interest rates.

from Morning Bid with David Gaffen:

Better Fed than dead

March 18, 2015

Headed into the Federal Reserve decision this afternoon, there’s been a decided shift in positioning in the fixed-income markets and conviction in terms of investor positioning.

from India Insight:

Sensex to rise 10-15 pct in 2015: Vinod Nair of Geojit BNP Paribas

By Reuters Staff
March 18, 2015

India’s BSE Sensex has gained nearly 4 percent so far in 2015 after the benchmark surged to record highs following the electoral triumph of Prime Minister Narendra Modi last summer. Vinod Nair, head of research at Geojit BNP Paribas, says markets are now consolidating and likely to take cues from corporate earnings and global factors such as a rate hike by the U.S. Federal Reserve.

from MacroScope:

Bibi rides again

By Mike Peacock
March 18, 2015

Israeli Prime Minister Benjamin Netanyahu waves to supporters at the party headquarters in Tel Aviv

Not for the first time, Benjamin Netanyahu has defied the odds and snatched electoral victory from the jaws of defeat.
Israeli opposition leader Isaac Herzog has just conceded although he has not given up hope of forming a coalition government if Netanyahu fails to.

from Expert Zone:

Why India may come out on top after Fed rate hike

By Aviral Gupta
March 17, 2015

(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)