Market Overview

The Department of Transportation's Federal Highway Commission has released the latest report on Traffic Volume Trends, data through March."Travel on all roads and streets changed by 0.8% (2.2 billion...

Note: This commentary has been updated to incorporate the April data for Industrial Production.Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is...

The US dollar is lower against majors pairs after the news that President Donald Trump shared sensitive information with Russia. The oil price surge has appreciated the Canadian dollar as both...

The latest round of the OECD Composite Leading Indicators [CLI] showed on the surface a fairly rosy assessment of the global economic cycle. However a couple of unique indicators we track which look...

From Tyler Durden: Following disappointing CPI prints for two months in a row, even such stalwart believers in the Fed’s tightening cycle as Goldman Sachs (NYSE:GS) (recall Hatzius warned...

FTSE 100 hits 7500 for first timeThe UK stock market reached a new milestone today when the FTSE 100 hit 7500 for the first time. Investors seem to be feeling confident about the outlook for Britain...

SP 500 and NASDAQ close at record highs US stocks advanced on Monday led by energy stocks following higher oil prices. The dollar weakened: the live dollar index data show the ICE US Dollar index, a...

MARKETS RISINGThe output cuts announced by Russia and Saudi Arabia sent crude oil prices, stock markets and the Canadian dollar soaring, with the S&P 500 Index even hitting a record level of 2400...

Judging by futures prices, the market’s expecting that the Federal Reserve will raise interest rates again at next month’s monetary policy meeting. That’s also the implied outlook in...

Tuesday May 16: Five things the markets are talking about The ‘mighty’ dollar has taken it on the chin in the overnight session, weakening for a fifth consecutive day, allowing the EUR to...

Dollar selling pressure emerged at the end of last week, partly in response to disappointing US economic data. This selling pressure carried over into yesterday's activity. It appeared to have been...

The proposed changes - introducing the previous 'policy variable' CPIF as the new target variable (target still 2%) and introducing a 'variation band' - will have no implications for the conduct of...

by Pinchas CohenYesterday’s equity rally—which took the S&P 500 and NASDAQ to new record high closes for each—is showing signs of fading, even as oil continues to extend its...

CHF/JPYToday’s support: - 113.85, 113.33, 112.95 and 112.73 (main), where correction is possible. Break would give 112.62, where correction also may be. Then follows 112.47. Break of the latter...