Market Overview

US stocks retreat as technology shares selloff continuesUS stock indices closed lower on Monday led by losses in technology stocks second session in a row. The dollar weakened: the live dollar index...

US futures are pointing to a slightly higher open on Wall Street on Thursday, with the sell-off in tech over the last couple of days possibly abating and providing relief for indices.Markets Cautious...

The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for May came in at 104.5, unchanged from the previous month. The index is at the 96th percentile...

The Fed will likely raise rates for the fourth time since the financial crisis tomorrow. However, will these be the last time they do so this year?The consumer has created a downward pressure on the...

by Pinchas CohenKey Events Asia stocks climb, breaking tech selloff Pound flat; election announcement gains almost erased Oil recovers; first repeated gain in 3 weeks Investors look to Fed...

Tuesday June 13: Five things the markets are talking aboutOvernight, equities have advanced as the global selloff in technology shares showed signs of easing, while sterling has found some support as...

Following Macron’s landslide victory in French presidential election, the euro spiked to its highest levels in more than six months. The risks to survival of the single currency have finally...

Norges Bank just published the Q2 Regional Network Survey, which is its preferred gauge of economic activity. The aggregated output index (next 6 months) rose from 1.02 to 1.29 (Danske: 1.2, no...

NZD/USDToday’s support: - 0.7203, 0.7174 and 0.7157 (main), where correction is possible. Break would give 0.7132, where correction also may be. Then follows 0.7112. Break of the latter would...

“I’ll get us out of this mess”Theresa May faced down some reportedly very upset Conservative MPs yesterday in her first face-to-face meeting with her party since last week’s...

The inflation in the UK rose by 0.3% month-on-month in May, versus 0.2% expected by analysts. The headline inflation rose to 2.9% y/y from 2.7% and the core inflation advanced to 2.6% from 2.4%...

The French economy now seems to be in better shape than it was five years ago, but the improvement has been limited. Growth has picked up, but still lacks vigour. Although progress has been made to...

Canadian Dollar jumps sharply overnight as boosted by comments from a top BoC official that raises prospect of a rate hike. Senior Deputy Governor Carolyn Wilkins said in a speech that adjustment to...

The FOMC meeting is scheduled for Wednesday, and the markets are likely to remain flat in the near term. The economic calendar was light yesterday. In the UK, politics continued to bring uncertainty...