Market Overview

It’s been one of the quieter days of the week so far in terms of major news flow or economic data and yet, equities are anything but flat as we near the US open, with the events of the previous...

Political uncertainty for the US is on the rise, but economic risk remains low. The turmoil surrounding President Donald Trump raises questions about the viability of his administration’s...

The France CAC index has edged higher in the Friday session. Currently, the CAC is trading at 5370.80, up 0.50 percent. On the release front, it’s a quiet day. The eurozone current account...

In the previous editions of the Market Overview, we wrote about the reflation trade. We analyzed the important signals of the uptick in economic activity and inflation all over the world, arguing that...

The words are powerful as is the concept. “Obstruction of justice” is a term in law. Here is a reference by the Cornell Law School.Here are the operative sentences that are now altering...

Volatility in markets is set to become more volatile as the cycle turns lower.The USD's fall and EUR's strength is as expected given the divergence in economic performance. We remain medium-term...

Judging from investors' reactions, the only thing worse that than the low volatility environment is when volatility spikes higher, as it did yesterday. Higher volatility is associated with weakening...

Thank goodness it’s Friday in the Wall Street Daily Nation!On Fridays, I abandon long-winded analysis in favor of carefully selected graphics. Sometimes charts can say things that words...

Politics continues to be the dominant driver of financial markets, although some traders were caught in a mini flash crash overnight in GBP/USD, which fell 90-odds points in a minute. For...

EUR/JPYToday’s support: - 123.30 (main), where correction is possible. Break would give 123.00, where correction also may be. Then follows 122.74. Break of the latter would result 122.53. If a...

Flash Crash In GBP/USDA long and rather strange week is coming to an end with the main story being the weakness that has remained in the US dollar following the latest round of allegations to hit the...

Dollar recovered mildly as markets calmed down from US President Donald Trump's political turmoil. But the greenback is still set to end the week as the weakest major currency. DOW also recovered...

Market movers today Today is another quiet day in terms of data releases. In the afternoon, the euro area consumer confidence indicator for May is due out, which we expect to show a rise to -3.1 from...

European equity markets are expected to open higher on Friday, led by the FTSE and buoyed by gains in the US overnight where indices staged a moderate recovery following some heavy selling the day...