Market Overview

U.S. stocks oscillated around the flatline before ultimately closing with mild gains as the global markets continued to grapple with political uncertainty. A plethora of earnings reports hit the...

The striking development among speculators in the futures market is the reversal of the record gross (and net) short Treasury note position two months ago. The net position has now swung to the long...

(from my colleague Dr. Win Thin) Moody's moved the outlook on Vietnam’s B1 rating from stable to positive. Nigeria’s central bank introduced a new FX window for portfolio...

The beginning of the month of May and the end of the month of May into early June have overall been a decent time to be in the stock market. The middle of May, typically not so much.The “Proper...

Often the US dollar, as the numeraire, seems to be the main actor in the foreign exchange market. Other times, the dollar appears to be at the fulcrum between European currencies on one hand, and the...

Markets in France, Europe, and globally are rallying as they breathe a sigh of relief following the first round of the French presidential election on Sunday. The pro-business centrist candidate...

The CAC has ticked higher in the Friday session. Currently, the index is trading at 5,280.50. On the release front, French indicators were a mixed bag. GDP for the first quarter came in at 0.3%, close...

Markets less worried about France, as Macron is clear favourite against Le Pen.Don't get overexcited about Trumponomics. With markets less worried about political uncertainty in Europe, focus may soon...

Equity markets are stalling into the end of the month. MSCI Asia-Pacific Index is snapping a six-day advance, and the week's gain was sufficient to extend the advancing streak for the fourth...

Emmanuel Macron now seems set for a comfortable win in the French election run-off.The UK snap election stirs renewed uncertainty. The GBP could strengthen slightly as the UK election...

Yesterday concluded one of the largest ICOs to date. An ICO is like an IPO for a new digital coin. Similar to an IPO on Wall Street, the ICO drums up new investment money but instead of offering...

The UK’s GDP growth fell to 0.3% quarter-on-quarter from 0.7%. The downturn in services growth has been a major focus, reviving concerns that the deterioration in the living standards has just...

Optimism not yet ready to translate into policyThe euro had a bit of roundabout trip yesterday as ECB President Draghi initially signalled a brighter outlook for the Eurozone economy before, almost in...

Notably, EUR/USD has started to close the valuation gap, which our G10 MEVA model has pointed to some time, but upside potential in the cross remains intact.GBP remains substantially undervalued...