Market Overview

I trust Slopers had a safe and enjoyable Independence Day. My family watched about seven different shows from our lofty air-conditioned perch, while I played Sousa music through a laptop. It...

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 CohenKey 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....

The overnight trading session was dominated by a decent risk-off sentiment after the North Korean President Kim Jong-un said to be firmly determined to test an ICBM that could hit the US within this...

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...

EUR/USD Eyes on today French and German Services PMI. Also Eurozone Retail Sales. Eyes on Fed’s FOMC Meeting later today. Germany Manufacturing PMI confirmed above expectations. On the other...

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 volatility...

Balance sheet more important than rate path todayFor 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...

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...

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...