Market Overview

by Pinchas Cohen US, UK, Chinese and Taiwan markets all closed today for holidays. Early-bird-traders took advantage of low volume and drove stocks up, then cashed out. Global markets now are...

US dollar net long bets fell to $8.31 billion from $13.5 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC)...

U.S. to release NFP this week, long USD/JPY?Are you ready for a strong dollar in second half of the year? Bloomberg reported last week that China is considering changes to the way it calculates the...

EUR/JPYToday’s support: - 124.20 and 124.03 (main), where correction is possible. Break would give 123.78, where correction also may be. Then follows 123.53. Break of the latter would result...

FTSE 100 closedDAX +9 points at 12,611 CAC +3 points at 5,339 It will most likely be a slow start to the week with markets closed for Memorial Day in the US and the Spring Bank holiday in the UK on...

A light session in US trade on Friday it may have been, with volumes running some 25% below the 30-day average through the S&P 500. However, one can still make money in a low volume environment...

by Chaim Siegel of Elazar Advisors, LLCS&P 500: Bullish Economic Calendar This WeekTuesday: PCE Price Index Thursday: ADP Employment Friday: Nonfarm Payrolls We only list three events this week...

The latest IMM data covers the week from 16 May to 23 May 2017To read the entire report Please click on the pdf File Below

US ADP NFP Employment Change usually is correlated with BLS’s Nonfarm Payroll Report, but with this week being a shorter week and Nonfarm Payroll is scheduled on June 2, we don’t have much...

UK Manufacturing PMI has the potential of moving the market, especially considering recent unrest in UK as the market is definitely looking for a reason to trade. Considering how much GBP dropped due...

AU Retail Sales release may not move the market much but it is the first tradable release for the month of June, traders could be looking forward to this release and prepared to jump in. At any rate,...

CA GDP is expected to move the market in the event of a surprise. With last week’s BOC rate decision and the fact crude prices have stabilized, it is possible to see some strengthening in the...

Will Eurozone money supply report show signs of monetary policy tightening? A bullish outlook for EUR/USD is still reasonable The US 2-year yield is in a holding pattern, raising doubts of a June rate...

There are multiple sources of friction in the Perpetual Motion Money Machine.We've been playing two games to mask insolvency: one is to pay the costs of rampant debt today by borrowing even more from...