Market Overview

FX NewsEuropean Outlook: Asian stock markets headed south after a mixed closed on Wall Street. “Trump anxiety” is blamed for falling risk appetite, while a stronger yen weighed on Japanese...

Euro's rally extends in the Asian session today as optimism continues. In particular, EUR/USD reaches new six months high as the greenback is troubled by political turmoil in Washington. But we'd like...

FTSE -20 points at 7502DAX -59 points at 12745 CAC -24 points at 5382 Euro Stoxx -15 points at 3626 The US dollar continues losing blood. The DXY index has now completed its post-Trump roundtrip and...

Earlier this month, China’s State Administration of Foreign Exchange (SAFE) reported a large increase in official reserve holdings. The biggest “inflows” in several years has, as you...

Despite a lower calculated inflation rate for April 2017, Real Average Weekly Earnings were only just positive for the month year-over-year. As the CPI had moved higher on the base effects of oil...

UK workers receiving jobless benefits on track to rise again in April Japan expected to report a fifth straight quarter of growth in today’s Q1 GDP data Economics and politics have ignited a...

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 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...

In this past weekend’s newsletter, I discussed the fact this market has been “nothing short of boring” as of late, but remains on a “bullish buy signal” currently. To...

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...