Market Overview

On Monday, following construction spending and ISM reports, GDPNow upped its estimate of second-quarter GDP from 2.7% to 3.0%.I am increasingly confident that its estimate is way too high....

GBP/USD has recorded small losses in the Tuesday session. In North American trade, the pair is trading at 1.2930. On the release front, British Construction PMI, softened in June, with a reading of...

US markets were closed on July 4. Asian and European equities moved lower as did most bond yields. The MSCI Asia-Pacific Index fell a third of one percent. It was the third consecutive losing session...

The first edition of the ChartCritic blog series looks at a chart from a Bloomberg View article by Ben Carlson of Ritholtz Wealth Management. The chart shows real house prices in US vs Canada from the...

Unexpected 4th of July Fireworks With the US markets closed for Fourth of July festivities, it was a somewhat directionless overnight session due to lack of participation, but the overriding tone is...

In this video we discuss how this all ends for the global financial system. The discussion addresses Janet Yellen`s recent comments about the health of the banks, and not experiencing another 2007...

Currency MarketsHawkish global central banks have sent the dollar lower this year, while the Japanese yen and the Aussie dollar have gained. Higher US interest rates have done little to stimulate the...

UK PMI shows slowing growthA day of looks at the world’s manufacturing sector depressingly confirmed a lot of the sentiment towards the UK economy versus some of its closest trading partners;...

The US stock market and the ICE US dollar index fell last week. US stocks closed higher on Monday despite a renewed retreat of technology shares. Treasury yields declined after weaker than expected...

The CAC index is showing little movement in the Tuesday session. The index is currently trading at 5191.80 and is down 0.10% on the day. On the release front, Eurozone PPI declined 0.4% in May,...

Artec Technologies (DE:A6TG) is a small company that specialises in the recording and storage of audiovisual information for a range of applications. The company can trace its roots back over 20...

The FTSE 100 opened downbeat. The majority of sectors started the session in the red despite the softening pound.Technology stocks gained past 2%, as Worldpay Group PLC (LON:WPG) surged by 7% on news...

NZD/CADToday’s support: - 0.9416, 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...

Yen rebounds strongly in Asian session today following steep in decline in China and Hong Kong stocks markets. In particular, the HK HSI is trading down -400 pts, or -1.5% at the time of writing, led...