from Morning Bid with David Gaffen:

Dollar Blues

March 18, 2016

The dollar firmed up against most major currencies on Friday, still feeling the rippling effects of the Federal Reserve’s decision to come in more dovishly than many expected.

from Breakingviews:

Options market reveals depths of UK/EU jitters

February 22, 2016

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

from Morning Bid with David Gaffen:

Two Central Banks Diverge in a Wood

November 2, 2015

One of the primary themes that should dominate the week is one of the divergence between the Federal Reserve and the European Central Bank.

from Morning Bid with David Gaffen:

Where Are We Going

October 21, 2015

No fewer than 30 S&P 500 companies report results on Wednesday, from names as varied as Coca-Cola to American Express to Tractor Supply Co. It's true to say that so far this has not been a great earnings season - 69 percent of companies have exceeded earnings expectations and only about 40 percent on revenue - but with just 65 names reporting as of early Tuesday, it's also correct to say it's early days, given the heavy action we'll be seeing over the next couple of trading sessions.

from Morning Bid with David Gaffen:

The Crane, The Crane!

October 16, 2015

Industrial projects, particularly large ones, tend to require lots of heavy equipment, like cranes, and so this week's results out of Manitowoc, which makes big cranes used in various parts of the world, including Asia and the Middle East, reported pretty disappointing results, adding that it expected more softness going forward with margins remaining in the low single digits for all of 2015.

from Breakingviews:

The real reason to worry about China’s FX reserves

September 8, 2015

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

China’s ailing stocks are now contagious

August 24, 2015

The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

from Morning Bid with David Gaffen:

It’s All Greek to Us

June 29, 2015

Today looks set to be one of those days when the fictional (The Princess Bride) character Inigo Montoya’s directive: “Let me explain. No, there is too much. Let me sum up” would prove valuable.

from Morning Bid with David Gaffen:

Change is in the air

June 8, 2015

We go into the week with the U.S. Treasury market having suffered its worst weekly run in three months; the benchmark 10-year Treasury saw its biggest jump in yield in nearly two years, basically dating back to the “taper tantrum” of 2013.

from Morning Bid with David Gaffen:

Dislocations, jobs and the bond market

May 7, 2015

Friday’s jobs report will possibly alleviate a bit of a confounding period in the market, where the Treasury curve, particularly the long end, has been under intense selling pressure in a counter-intuitive move, seeing as how data has been largely lackluster.