Marc Chandler

Marc Chandler News

• S&P 500 Returns to Record While U.S. Treasuries Advance

  The Standard & Poor’s 500 Index returned to a record as a Federal Reserve official said bond purchases should continue and Goldman Sachs Group Inc. forecast the stock rally will last at least through 2015. Treasuries rose and the yen pared earlier losses while grains and gold fell.

• Fed to Keep Easing Pace for Bernanke Term, Brown Brothers Says

  The Federal Reserve will refrain from tapering its $85 billion in monthly bond purchases before the end of Chairman Ben S. Bernanke’s term in early 2014, according to Brown Brothers Harriman & Co.’s Marc Chandler.

• 

  Euro Falls on ECB as U.S. Stocks Advance on Jobless Data

  The euro fell against the dollar for the first time in five days and the region’s bonds rallied as European Central Bank President Mario Draghi said policy makers have an open mind about a negative deposit rate. U.S. stocks rose as American jobless claims decreased to a five-year low.

• Dollar Falls Versus Euro as U.S. Jobs Trail Forecast; Yen Drops

  The dollar declined to the lowest level in more than a week against the euro after U.S. employers added fewer jobs in March than forecast, fueling speculation growth in the world’s biggest economy is slowing.

• 

  Yen Drops Toward 100 per Dollar as Kuroda Hails G-20

  The yen slid toward the 100 per dollar level not seen for four years, extending its longest streak of monthly losses in more than a decade, as the Bank of Japan’s stimulus policies weren’t opposed by the Group of 20.

• 

  Euro Sinking on Spain, Brown Brothers’ Chandler Says: Tom Keene

  The euro may fall below $1.20 for the first time in almost two years as concern that Spain is struggling with its finances adds to bets Europe’s debt crisis will worsen, Brown Brothers Harriman & Co.’s Marc Chandler said.

• Dollar's Share of Currency Reserves Likely Growing, BBH's Chandler Says

  The dollar’s share in global foreign- exchange reserves probably rose in the first quarter amid a slumping euro and better prospects for U.S. growth, Brown Brothers Harriman & Co. said.

• BBH’s Chandler Says Yuan Move a ‘Political Ploy’ Ahead of G-20

  Marc Chandler, chief currency strategist at Brown Brothers Harriman & Co. in New York, comments on China widening the yuan’s trading band today to 1 percent from 0.5 percent.

• Euro Rises to $1.30 on Speculation Contagion Will Be Contained

  The euro strengthened to $1.30 for the first time in a week on optimism Cyprus is moving closer to a deal to stave off financial collapse and prevent contagion from infecting the rest of the region.

• 

  IMF $797 Billion Italy Loan Report ‘Wide of the Mark,’ BBH’s Chandler Says

  The International Monetary Fund said it isn’t discussing a rescue package with Italy and Japan said no such talks have occurred within the Group of Seven, amid concern that Italy will struggle to bring down borrowing costs.

Marc Chandler Photos

Quote

• "While the market does not expect the Federal Reserve to stop its $85 billion a month in asset purchases at once and, like the Fed itself, continues to mull an exit strategy, few consider the same in terms of Japan."

  - Marc Chandler on May 21, 2013

Related Topics

• 

  New York

• 

  Japan

• 

  Europe

• 

  Federal Reserve

Most Popular on Bloomberg

• Google Said to Consider Buying Waze Presaging Bidding War

• Arizona Sheriff Violated Latinos’ Rights, Judge Rules

• Neymar Wants to Complete Santos Contract as Barcelona Bids

• Fannie Mae Profiting as Market Middleman Angers Lenders

• Most U.S. Stocks Fall as Investors Weigh Data, Stimulus

Marc Chandler Videos

Audio

• Brown Brothers’s Chandler Sees Japan Stabilizing

• Brown Brothers’s Chandler Says Yen Weakness Stalled

• Chandler Says Euro May Rise to $1.37

• Brown Brothers’s Chandler Sees End to Yen Slide

• Chandler Says BOE to Ignore Inflation