Market Overview

The euro gained as the European Central Bank (ECB) President Mario Draghi delivered an optimistic speech regarding the Eurozone economy, yet gains remained timid as his speech delivered no hints...

There are a bunch of big numbers being thrown around the markets today.Let's take a look at some of them and how they can create some moves. Today's post is brought to you by the numbers1 Billion 22...

NZD/USDToday’s support: - 0.7262 and 0.7242 (main), where correction is possible. Break would give 0.7213, where correction also may be. Then follows 0.7200. Break of the latter would result...

With DM quiet, investors move into EMLast week was a drift for currency markets on the whole and with India, Indonesia, Singapore, Malaysia and the Philippines all on local holidays today the week has...

Within the past week, Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) has made two real estate equity investments of about equal size. On June 21, it was announced that Berkshire agreed to...

The developments in the forex markets look as if traders are in risk seeking mode. Commodity currencies including Canadian Dollar, Australian Dollar and New Zealand Dollar trade broadly higher since...

If you are not already on break, then you are thinking about busting out soon to take some days off before the Q2 earnings season hits in three weeks.This is the last week of June and the second...

On the back of global growth recovery and supportive monetary policy by core central banks, emerging markets logged another positive Q2 performance, notes Barclays. Christian Keller and colleagues...

This morning the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for June. The latest general business activity index came in at 15.0, down slightly from 17.2 in May.Here is an...

The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released yesterday gives us a first look at the latest durable goods numbers. Here is the Bureau's summary on new...

"Index points to slower economic growth in May." This is the headline for today's release of the Chicago Fed's National Activity Index, and here is the opening paragraph from the report: Led by...

People often ask why I care so much about China. In some ways the answer is obvious, meaning that China is the world’s second largest economy (the largest under certain methods of measurement)....

What's the breaking point for the Fed? We're clearly not yet at the point where the Fed signals a pause but another weak data point makes it a question worth considering. The Australian dollar was the...

Stock price ticker boards were filled with green on Monday. Bank stocks led the gains after the state rescue of two lenders in Italy. The highest reading on record for the IFO survey, a German...