Market Overview

To say the financial markets are undergoing a fit would be an understatement.As you know, stocks soared in the three months that followed Donald Trump’s surprise victory. And the rally was led...

The European Central Bank (ECB) meeting is the major highlight of this Thursday. The ECB is broadly expected to maintain the status quo, yet the focus will be on the accompanying statement. President...

The feeling on the trading floors around the anticipated Trump tax plans is certainly one of being underwhelmed, but then should we really have expected anything so punchy that it really moved the...

EUR/JPYToday’s support: - 120.99, 120.72 and 120.60 (main), where correction is possible. Break would give 120.47, where correction also may be. Then follows 120.21. Break of the latter would...

FTSE -24 points at 7264DAX -28 points at 12444 CAC -12 points at 5275 Euro Stoxx -14 points at 3564 The European Central Bank (ECB) meeting is the major highlight of this Thursday. The ECB is broadly...

The financial markets had very little reaction to the highly anticipated announcement of tax reforms by US President Donald Trump. DJIA reversed earlier gains and closed slightly lower by -0.1% at...

Eurozone Business Climate Indicator set to hold at a six-year high in April update A softer but still positive April reading likely for UK's CBI Distributive Trades Survey Economists see US durable...

BOJ and ECB expected to stand pat despite improving economic indicatorsThe USD is higher across the board on Wednesday after U.S. Treasury Secretary Steve Mnuchin and Chief Economic Adviser Gary Cohn...

For the most part yesterday was basically following the template I had expected, bar AUD/USD. I’ll handle the Aussie first to get that out of the way. I had thought we’d get a triangle and...

As expected, the Trump administration rolled out its tax reform roadshow on Wednesday. Given the market’s lofty expectations, traders are viewing it as little more than a road map, rather than...

There is one variable that explains the euro movement better than any other single variable we have found. The US-Germany two-year interest rate differential continues to be highly correlated with the...

Slightly Premature Victory LapsThe nightmare of nightmares of the globalist elites and France’s political establishment has been avoided: as the polls had indicated, Emmanuel Macron and Marine...

TRADE WAR?There are several ways to interpret the implementation of the 20% tax on softwood lumber: -The tone of the U.S. administration has changed since the Trump/Trudeau meeting: Negative for the...

European equities shed some gains after a global rally in stock markets.The rally in risker assets started in Europe on Monday, after the results of the French presidential elections were released....