Nine Event Risks in the Week Ahead

The investment climate has proven extremely difficult for investors to navigate. Fed tapering and better world growth was to lead to higher interest rates. Yet interest rates for the developed world have fallen sharply in recent weeks.…

Turkey Moves, Focus Shifts to Fed

- The most important development has been the dramatic rate hike by the central bank of Turkey - The effective tightening by the Turkish central bank was 2.25% - a lot less dramatic than the headlines would suggest - The rate hikes in…

Spain: The Market’s Darling

By Marc Chandler We argue that part of the euro's rise over the past several months reflects a reassessment of Spain's outlook. Many global investors had been under-weight Europe though most of H1 13, favoring the US and Japanese…

Spain: The Market’s Darling

By Marc Chandler We argue that part of the euro's rise over the past several months reflects a reassessment of Spain's outlook. Many global investors had been under-weight Europe though most of H1 13, favoring the US and Japanese equities.…

Pacific Tensions Set to Intensify

By Marc Chandler The simmering tension in the South China Sea may intensify in the coming weeks, and although this is no immediate market reaction, there could be going forward. Last week Japan indicate it will formally register 280…

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