Market Overview

Recognizing when a recession starts in real time is, for all practical purposes, impossible. The one exception to that rule is if you’re willing to endure a high number of false signals in your...

Wednesday’s main risk event and potential market shaker will be the release of June’s FOMC meeting minutes, which investors may closely scrutinize for clues on rate hike timings in the...

“There is nothing wrong with America that the faith, love of freedom, intelligence, and energy of her citizens cannot cure.” – Dwight D. Eisenhower “If we just stick together,...

by Pinchas Cohen Key Events North Korean intercontinental ballistic missile (ICBM) test ignored by Asian equities and safe havens Oil shows signs of ending correction, after strongest 9-day rally of...

Market Drivers July 5, 2017 NK woes roil market earlyDollar finds buyers Nikkei 0.25% Dax -0.1%Oil$46/bblGold $1220/oz. Europe and Asia: GBP UK PMI Services 53.4 vs. 53.5 EUR Retail Sales 2.6% vs....

As if South Korea doesn't have enough problems at the moment, Korea's most popular exchange site bithumb, which is the number one crypto exchange by volume in the last 24 hours, and responsible for an...

The US dollar is enjoying a firm tone today. Yesterday's two weakest major currencies, the Australian dollar and Swedish krona are the strongest currencies, but little changed on the session. After a...

The technocrat and capital-owning class is delighted with the economy, and can't understand why everyone isn't prospering. You've probably seen some version of this chart of average household income...

As the Trump reflation trade dwindles and the US president finds himself entangled in a flurry of controversy, volatility in the first half of 2017 is actually falling. The VIX, a measure of...

NZD/CAD Today’s support: - 0.9404, 0.9388 and 0.9366 (main), where correction is possible. Break would give 0.9338, where correction also may be. Then follows 0.9315. Break of the latter would...

Balance sheet more important than rate path today For the past fortnight or so, there has been a great deal of focus on the central banks of the Eurozone and the UK but today some of the spotlight...

Investors over in Europe aren't ignoring the bout of risk aversion triggered by North Korea' ongoing missile tests. The geopolitical tensions remain a major threat for the global stability and...

Dollar recovers this week but momentum isn't too strong so far. Indeed, the greenback is overwhelmed by the strength in Canadian Dollar, which follows high oil prices and hawkish BoC comments. Dollar...

The US dollar was seen trading mixed yesterday. The US markets were closed on account of the Independence Day holiday. The greenback was seen trading stronger against most of its peers. The exception...