Market Overview

Investor sentiment is pessimistic this morning. It is all about the US health care bill and investors have their full focus on this. The Republican health bill has failed to see the day light and this...

As the Asian trading session was about to close, the US dollar was trending downward against most currencies on overnight news that the repeal of Obamacare is getting another push-back. The Aussie...

Dollar tumbles sharply as two Republicans senators announced their rejection of the US President Donald Trump's health care bill. The current version is short of at least two votes to advance and is...

Summary: The greenback hit another new low for 2017 and its daily downtrend is underway. United States senate committee on finance will hold a tax reform hearing today. We will have U.K. CPI and...

UK annual consumer inflation is on track to hold at a four-year high ZEW economic sentiment data for Germany should reaffirm a positive outlook The index is on track to slip modestly but still show a...

Market Movers Today The minutes from the Riksbank meeting in July are due for release and could attract additional attention as the Riksbank's statement made it clear it remains ready to act again if...

Last week was a reflection of the past few months:1) Comments from the Fed heads that they want to tighten, but 2) Slower than expected U.S. economic data 3) Causes reduced interest in the US...

There is no change to the risk budget this month. For the moderate risk investor, the allocation between risk assets and bonds is unchanged at 50/50. There are no changes to the portfolio this...

Key Points: AUD/USD continues to appreciate thereby complicating economic rebalancing. Nominal real interest rates have continued to decline towards 1.00%. RBA unlikely to undertake monetary policy...

All eight indexes on our world watch list have posted gains for 2017 through July 17. The top performer thus far is India's BSE SENSEX with a gain of 20.46%, followed by China's Hang Seng not far...

Note: With the release of June Retail Sales and the Consumer Price Index, we've updated this commentary to include the latest Real Retail Sales.Official recession calls are the responsibility of the...

Note: The charts in this commentary have been updated to include Friday's Consumer Price Index news release.Back in 2010, the Fed justified its aggressive monetary policy "to promote a stronger pace...

We discuss why Macroprudential Regulation after such distorted Central Bank Policy Measures is a complete absurdity, why the economics profession is corrupt to the core from a value and ideas...

The health care reform efforts have disappointed. The House version has been all but forgotten about as the focus has shifted to the Senate. The challenge in the House has been repeated in the Senate,...