Market Overview

EUR/JPYToday’s support: - 123.99, 123.78, 123.53 and 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...

FUNDAMENTAL OUTLOOKCurrent economic situation:USD (-) Core CPI YoY felt to 1.9%, below FEDs target level of 2%, because of falling oil prices and this can be the reason for FED pause in % increasing;...

A further weekend ballistic missile test from North Korea has done little to throw an improving sentiment off balance and FX markets have initially opened the new week on a stable note.We heard on...

CANADA: Retail sales rose 0.7% in March (6.9% y/y) following an upwardly-revised -0.4% print the prior month. Sales rose in 6 of the 11 major subsectors, including a 3.2% increase for autos. Excluding...

The latest IMM data covers the week from 9 May to 16 May 2017To read the entire report Please click on the pdf File Below

It is a very quiet start to the week with no important data today. Two Fed speakers are due to speak. Harker (voter, hawkish) and Kashkari (voter, dovish) may give more insight into the scope for a...

After being shellacked last week, the US dollar is trading with a firmer bias against all the major currencies but the euro and New Zealand dollar. To be sure, it is not that a new development has...

Foreign government bonds in developed markets roared last week, generating the strongest performances among the major asset classes, based on a set of proxy exchange-traded funds.Leading the way...

The euro has inched lower on Monday, following sharp gains in the Friday session. Currently, EUR/USD is trading at 1.1180. It’s very quiet on the economic front, as there are no economic reports...

The UK threatened to quit the Brexit talks, if the EU persists on requesting the €100 billion divorce bill.The GBP/USD finds more sellers than buyers above the $1.30. There could be a further...

FTSE +26 points at 7496DAX +34 points at 12672 CAC +11 points at 5335 Euro Stoxx +5 points at 3592 Asian stocks started the week on a positive note. Nikkei (+0.40%) and Topix (+0.42%) gained...

We updated the mostly bearish view on commodities earlier in the week. This includes the current bounce, which is happening exactly as was planned ahead of time. This would be the second such bounce...

Naive investors who thought that the multi-State vote on November 8th in favor of legalizing the pharmaceutical and recreational use of cannabis would lead to further big gains in cannabis stocks and...

Markets were off to a calmer start this week after some recent volatility. Risk sentiment improved and the yen was steady despite news that North Korea conducted another missile test over the...