Market Overview

Risk appetite was dampened after news of the bomb blast in Manchester that killed more than twenty people late on Monday night. Sterling weakened immediately after the reports, while safe haven assets...

FTSE +5 points at 7501DAX +7 points at 12617 CAC flat at 5323 Euro Stoxx -2 points at 3574 Asian traders woke up to a risk-off session after an explosion in Manchester Arena killed 19 and injured more...

Market movers today In the euro area, focus will be on the PMI figures and whether they can continue upwards, in contrast to the weakness in manufacturing PMIs observed in the US and China in recent...

German Ifo survey data to dip slightly for May’s current conditions index Softer growth for retail sales via the UK CBI Distributive Trades Survey for May Economists see new US home sales...

On December 3, 1999, Enron Communications announced that the company had begun operations selling bandwidth as an energy commodity. After publicizing the venture in May that year, it seemed natural...

Will “Smooth Brexit” Assumptions Satisfy Lawmakers?Tuesday’s Inflation Report Hearing promises to be one of the standout events this week, as Bank of England Governor Mark Carney...

Last week was said to be about buying dips, or perhaps the resilient stock market shrugging off Trump troubles to focus on how great the economy really is. It wasn’t. Most of last week’s...

Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad.| In this article, I am going to show you that the average rate of growth...

Queasy on a Sunday morningWe are back to a point wherein the weekend political news and the front pages of the Sunday papers are crucial for the outlook for sterling over the course of the next week....

by Pinchas CohenThe Big NewsOil almost reached $51 a barrel yesterday at 22:02 EDT – its highest level in a month - after Saudi Arabia said an agreement had been reached to extend the deal on...

"Index Points to Increased Economic Growth in April." 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...

OilOil prices rallied around 5.5% last week. Crude oil has climbed to $51 per barrel. Oil and Asian stocks rose as investors weigh in the likelihood that OPEC will extend supply cuts. Crude has hit a...

It’s hard keeping up with the uninterrupted series of allegations to hit the Trump administration. Every couple of days we hear of the latest revelation, which, at the back of our minds makes us...

by Pinchas CohenAs an oil producer, the fate of the Russian ruble's exchange rate is tied rather closely to the price of oil, since importers buy the ruble to pay for the country's oil. And since...