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.

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 Breakingviews:

Swiss caught in the wake of massive FX currents

By Edward Hadas
March 19, 2015

REUTERS/Thomas Hodel

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

from Breakingviews:

Turkey’s central bank is in a very tough spot

By Edward Hadas
March 9, 2015

By Edward Hadas

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

from MacroScope:

Is a one-way bet on the dollar rising still such a safe bet?

February 4, 2015

Traders work on the floor of the New York Stock Exchange

Borrowing in dollars is like playing "Russian roulette", India's central bank chief Raghuran Rajan said on Bloomberg TV this week.

from Morning Bid with David Gaffen:

Considerable consideration of time

December 17, 2014

Markets like to tie themselves in knots ahead of Fed decisions. Instead of landing on what's expected, at times of volatility investors instead go in the other direction and start to consider all sorts of wild scenarios on what the slide-rule committee might do instead. But the outlook for the Fed's statement should be pretty straightforward: the Fed is likely to go with what the market expects, and remove its phrase talking about keeping rates at rock-bottom levels for a "considerable time," as it has no reason not to.

from Breakingviews:

FX fines are wake-up call on self-policing

November 12, 2014

By Dominic Elliott 

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

from Breakingviews:

UBS’ legal pain is beginning to look manageable

October 28, 2014

By Dominic Elliott

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

from Breakingviews:

Russian central bank intervention is a dead end

October 8, 2014

By Pierre Briançon

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

from Counterparties:

MORNING BID — Breaking it down, Fed style

September 17, 2014

It's all over but the dissection of the Fed statement, due later today, which will follow with a Janet Yellen press conference after the U.S. markets get word of whether the Fed did or did not eliminate the "considerable time" bit from its statement that saw markets go into a tizzy all of Tuesday. At this point the market believes that phrase now may *not* be eliminated, which marks the second reversal in about a week on this point. No matter what, somebody is going to be caught leaning in the wrong direction, but if the latest intelligence is that the Fed's statement won't change materially until the October meeting, then the freshest bets are probably in the direction of those betting on that much. So if the statement does cut out that language or modifies it in any way, you could see a selloff in equities, the dollar and bonds.