Market Overview

Since taking office in June 2016, President Duterte has adopted a brutal governing style and opted for drastic methods in his war against crime, drugs and corruption. Political predictability has...

by Pinchas CohenKey Events Yellen grilled by Congress this week, while Fedpseak pours down on investors Internal data diverges from headlines in world’s two biggest economies Positive US...

The number three, a symbol of unity, marks Turkey’s history and provides a cardinal reference point for the country’s modern economy. More prosaically, despite recent geopolitical and...

The economy has entered a phase of cyclical acceleration. The output gap is closed and inflation is gradually picking up though from a low level. Unemployment has reached a historic low, thanks to...

After a severe political and economic crisis, the economy has swung back into growth. Stabilisation of the exchange rate laid the groundwork for lower inflation. The central bank has begun to ease...

The Algerian economy has been hard hit by the drop off in oil prices. Although the adjustment process was launched rather late, the first measures are beginning to pay off. Though still significant,...

Inflation: EGP depreciation does not explain everythingThe floatation of the Egyptian pound since November 2016 and the introduction of fiscal reforms have significantly improved the macroeconomic...

Political crisis highlights economic vulnerabilityThe impact of the Saudi and Emirati embargo against Qatar will depend on the length of the crisis and on the intensity of the sanctions. Economic...

The US dollar has begun the new week on a firm note, but the decline in yields limits the gains. The US 10-year yield is pulling back from the 2.40% area, which is it not been able to sustain gains...

US Core Retail Sales is a high impact tradable release but since it is scheduled to be released with the Core CPI, market will undoubtedly look at both releases and since CPI is directly monitored by...

US Core CPI is expected to rise only around the 0.1% this month but since the Fed has already hiked rates and isn’t planning to hike rates back to back, I believe the market could be a bit more...

CA BOC Interest Rate today is widely expected to be a hike. With BOC Governor Poloz almost confirming a rate hike during recent press appearance, market is likely to BUY ahead of the release and...

Yen stays weak in an otherwise quiet start to the week. G20 meeting didn't give impact to the markets. Global leaders pledge to continue to "fight protectionism including all unfair trade practices"...

On Friday, the US Bureau of Labor Statistics published a rather upbeat report on the labor market. In June, 222,000 jobs were created in the non-agricultural sector of the country. Market expectations...