Market Overview

The election of Macron as French President has set off a bout of position adjustment that has seen the euro push back into the $1.0850-$1.0950 range that had confined activity for the two weeks...

CHF/JPYToday’s support: - 113.16 and 112.95 (main), where correction is possible. Break would give 112.62, where correction also may be. Then follows 112.47. Break of the latter would result...

Message to Macron: good luckThe euphoria of Macron’s victory on Sunday seemed to settle abnormally quickly yesterday. The over-arching reaction to the election seems to be a resounding...

U.S. equities finished the first trading day of the week nearly where they began in the continued search for any sort of catalyst to move in one direction or the other amid sustained low volatility....

by Pinchas CohenAfter yesterday’s initial relief rally following Sunday's French elections, global equity enthusiasm waned and the rally dissipated. That is, except for Japan's TOPIX which held...

There is a certain calm that has washed across markets in the wake of the French vote and traders are asking what the next event or theme to focus on will be. Perhaps one key talking point on this...

Kevin Warsh was named to Fortune Magazine’s 2009 list of 40 Under 40. He had been the youngest ever appointed to the Federal Reserve Board when President Bush put forward his name in 2006....

Another major attack on an even bigger exchange. This morning, one of the largest cryptocurrency exchange websites was hit with a DDoS attack. Here's their twitter feed... Though there was some...

Most people with a basic grounding in economics know that increasing the supply of money leads to a fall in the purchasing power of money. However, this is usually as far as their understanding goes...

J.P. Morgan is offering regional banks some interesting advice: Partner Up as U.S. Deposit Drain Looms. JPMorgan Chase & Co has some advice for regional banks: A deposit drain is coming, so merge...

In this piece we conduct a 'deep dive' into the Scandi currencies within the Danske G10 Medium-term Valuation (MEVA) model. EUR/SEK: MEVA captures SEK movements well and model deviations have been...

It is set to be a very quiet day in terms of data releases. Worth keeping an eye on is German industrial production in March, which we expect declined modestly after two strong monthly increases. Note...

Dollar followed US stocks and yields higher overnight but it's losing momentum in Asian session. 30 year yield was back above 3.0 handle and closed at 3.014, up 0.025. 10 year yield also reached as...

As the VIX flirts with single digits, the S&P 500 has been flopping around like a live fish on deck. But for U.S. investors in foreign equities, the music continues to play as cheaper valuations...