URR News and Press, Morgan Stanley ZC SP REDEEM 30/04/2020 USD 40 From 01/18/21

US stocks won't trade today in the local sessions, but futures are a bit lower. Europe's Dow Jones Stoxx 600, which fell 1% at the end of last week, is a little lower in turnover in the European morning. The MSCI Asia Pacific Index fell for the second session, with China and Hong ...

Within the context of our medium-term dollar bearish outlook, we had been anticipating a countertrend dollar bounce. It was to be fueled by short-covering as the adverse developments had been discounted, rate differentials were moving in the US favor, and the technical indicators were...

The US dollar is firm against most of the major and emerging market currencies today. For the week, sterling and the yen appear poised to eke out small gains, while the Scandis are the weakest performers with around a 1% decline. The 0.4% loss of the Dow Jones Stoxx 600 today is u...

Europe's Dow Jones Stoxx 600 is pushing higher for the third consecutive session. Most Asia-Pacific equity markets advanced, with China and Taiwan being notable exceptions. US shares are also firmer. The dollar appears to be going nowhere quickly, while sterling is firm. E...

Investors appear almost universally to be pricing for an early-cycle mix of low interest rates and ongoing support from both monetary and fiscal policy, combined with the release of pent-up demand from consumers and manufacturers. Short-term stumbling blocks are not confined to the on...

The spread of coronavirus is the most important theme impacting the global foreign exchange market right now. Broad economic recovery should begin in the second half of 2021. The Swiss franc and New Zealand dollar look "overvalued." Conversely, the Canadian dollar is the most ...

Nearly all the markets but China and Hong Kong rose in Asia-Pacific, led by more than 1% gains for the Nikkei and Taiwan. European shares are mostly higher, and US shares are extending yesterday's gain. The US dollar is regaining ground lost in yesterday's setback against the majo...

China is in a stronger position at the beginning of 2021 than it was a year ago. The European Union and the United Kingdom start the year afresh following the conclusion of their terms of divorce at the very last hour in December. US corporate earnings are expected to rise by a bi...

Last week, IHS Markit reported that sentiment in Mexico's factory sector had slipped again during December 2020. From Mexico to Brazil to India (key currencies that I watch with particular interest for inside indications about eurodollar conditions), there was a post-vaccine push but ...

The dollar is enjoying a firmer tone to start the new week, gaining against all the major currencies and most emerging markets today, building the gains seen at the end of last week. Risk appetites have waned today. US shares are trading heavier. Most equity markets in the Asia-Pa...