Market Overview

ForexUSDThe dollar is hovering around a 10-month low as the US healthcare reform bill implodes. This is the worst defeat for Trump’s Republican party since they took charge of Washington.EURThe...

This earnings season is one of the most highly-anticipated in recent years. The recent rally in equity markets is reliant on companies coming in at expectations or above. Over the coming weeks,...

Summary: Failure in Trump’s healthcare bill ignited volatility to stocks, with Dow Jones dropping sharply while Nasdaq reaching a new height for the year. Dollar Index rebounded on its 1 hour...

Last week, the Bank of Canada raised interest rates. What does it mean for the US dollar and gold?On Wednesday, one week ago, the Bank of Canada increased its target for the overnight rate from 0.50...

With the release of the June quarter GDP results from China it's worth checking in on a few charts that show some of the key trends in China's economy. The charts present mostly a cyclical view, but...

It was ECB President Draghi's speech in the central bank conference in Portugal on June 27 that began the current market phase. He seemed to acknowledge the obvious, that ECB officials may be as...

The recent run of soft economic data inspires some pundits to claim that a new recession is brewing. They could be right, but they could just as easily be wrong. Although some numbers published to...

The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for June new residential building permits. The latest reading of 1.254M was an increase...

A large group of Japanese bitcoin exchanges have agreed to suspend bitcoin service on August 1, 2017, amid an expected major fork of the bitcoin codebase into essentially two separate...

Why will the Bitcoins of the world be seen as threat to monetary control? Predictability of human behavior, specifically ego. Those investing (not trading) in gold and silver and cryptocurrencies...

Yesterday, the US dollar weakened again against the major world currencies due to the growth of political risks. Some representatives of the Republican Party refused to support the bill to replace the...

China’s real GDP rose 6.9% y/y during Q2. During the quarter, it rose 6.7% (saar), which it’s been hovering around since the end of 2013. That’s a slowdown from the 10%-plus pace...

Why is inflation ex-food and energy considered core? Isn’t food and gas about as core as it gets for most people? Why do economists think it is important to stabilize the price of luxuries but...

Market Drivers July 19, 2017\ Majors steady ahead of CB meetings Tankan unchanged Nikkei 0.10% Dax 0.00% Oil $46/bbl Gold $1238/oz Europe and Asia:No Data North America No Data Ahead of two key...