Market Overview

Stocks find some formThe calming of political nerves saw stocks gain ground as volatility crumbled by the wayside. An unwind of the profit-taking-based losses from Monday and some better economic data...

Daily FX Wrap: A good day for the USD as wins seen across the board. USD/JPY takes out 114.00, but gains against the EUR strained. Cable holds 1.2900. AUD and CAD weakness persists.We saw a very...

Tepid economic growth in the first quarter is on track to revive in Q2, according to estimates from several sources. Although the forecasts are wide-ranging at the moment, the unifying factor is a...

As investors consolidated the results of the French presidential elections where centrist candidate Emmanuel Macron emerged as the winner, the U.S. markets remained unimpressed by market close despite...

The snap UK election on 8 June is not expected to create any additional uncertainty for the GBP, but it has implications for the Brexit outcome and the overall risk assessment of the sterling.In our...

As the dust continues to settle on the French election result, it seems calm has returned to financial markets with Monday’s brief relief rally coming to an abrupt halt before attention shifted...

S&P 500 and NASDAQ close at record highs US stocks edged higher on Monday. The dollar strengthened as euro retreated following the expected win by establishment candidate Macron in Sunday’s...

In this past weekend’s newsletter, I discussed the relatively “weak” breakout of the market to new record highs. To wit: “Over the last few weeks, I have been discussing the...

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...