Market Overview

The global flash manufacturing PMI was basically unchanged in April as improvement in Europe and Japan offset further slowing in the US PMI. Europe increased +0.6pts to a very strong 56.8, Japan was...

The results of the French presidential election will be known prior to the open of the Asian session. No doubt the outcome will spur an initial knee-jerk reaction, but barring an outright victory for...

The topic of this week has been the French elections. Everyone is watching the French elections results as if they will change the world, in an emotional rather than rational way. But it seems we're...

by Pinchas CohenBrexit, Trump and Now Frexit?France holds the first round of its presidential election today. Results have the potential to produce a trifecta for last year's swelling global...

VIX appears to have completed the right shoulder of an inverted Head & Shoulders neckline at 16.28.It is on abuy signal above Long-term support at 13.01.Abreakout above the neckline suggests that...

CANADA: The consumer price index rose 0.2% in March, allowing the year-on-year inflation rate to decrease 4 ticks to 1.6%. In seasonally adjusted terms, CPI was down 0.2% as higher prices for food,...

The 2017 SBBI Yearbook: Stocks, Bonds, Bills, and Inflation: U.S. Capital Markets Performance by Asset Class 1926-2016 by Roger G. Ibbotson and contributors from Duff & Phelps (Wiley, 2017) is the...

U.S. dollar net speculator positions edged higher to $15.34 billion last weekThe latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission...

The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the JPY(4X) with the GBP(4X). The weaker currencies are the...

The International Monetary Fund (IMF) revised up its forecast for global growth for the first time for five years when it released its World Economic Outlook last week. The IMF now expects global...

Unlike their counterparts at the ISM, Markit sees growth in both services and manufacturing weakening with U.S. private sector growth at a seven-month low in April.Markit notes that a profit squeeze...

Retail Debt DebaclesThe retail sector has replaced the oil sector in a sense, and not in a good way. It is the sector that is most likely to see a large surge in bankruptcies this year. Junk bonds...

Gucci was founded almost 100 years ago, but it has found a new lease on life in recent years. Never far from the spotlight, the Italian luxury brand has managed to turn a brand plateau into a mountain...

There nothing like uncertainty and speculation to prove everyone wrong! What am I talking about? Well, let's go back about a month to the last Fed meeting, when the committee raised the funds rate....