Market Overview

GBP/CADToday’s support: - 1.6678 and 1.6652 (main), where correction is possible. Break would give 1.6628, where correction also may be. Then follows 1.6607. Break of the latter would result...

Missiles up, dollar downWhile North Korea’s missile tests over the weekend may have turned out to be failures markets are still pricing in a significant amount of fear from geopolitical moves...

As the UK and European traders are back from the Easter break, the attention shifts to the next critical political event in Europe, the French election.The first round of the French political election...

FTSE -12 points at 7315DAX +41 points at 12150 CAC +10 points at 5081 Euro Stoxx +9 points at 3457 The U.S. dollar firmed as the U.S. Secretary of Treasury Mnuchin walked against President...

Dollar and US equities came back from holiday stronger. The markets are looking through the geopolitical uncertainties in North Korea. Instead, they listened to comments from US Treasury Secretary...

Truth is a rare commodity on Wall Street. You have to sift through tons of dirt to find the golden ore.For example, main stream analysis of the Fed’s current monetary policy claims that it will...

Retail sales growth in February 2017 was going to be low by virtue of its comparison to February 2016 and the extra day in that month. The Census Bureau’s autoregressive models are supposed to...

Excess reserves of depository institutions peaked at $2.7 trillion in August of 2014. By December of 2016, excess reserves fell to $1.9 trillion but have since climbed back to $2.2 trillion.On October...

We discuss the important market moves of the day in all the major asset classes from gold to the VIX markets, and everything in between. Sleepy Monday until the carry trade took full effect the second...

Turkey voted 'Yes' in a constitutional referendum that's another sign of how Europe is fragmenting. The yen was the best performer last week while the US dollar lagged. China's Q1 GDP rose 6.9% y/y,...

Hello and welcome to any options market snap. Here’s what to watch out for today.12:30 PM GMT US Building PermitsAt 12:30 PM GMT, the United States releases Building Permit announcement figures,...

On Friday, the Nikkei closed lower amid geopolitical tension across the globe. There wasn’t just one, but two incidents that came about. The Nikkei also dropped as the yen surged higher. Data...

I am scheduled to discuss policy-driven interest rates and other market forces on Bloomberg TV at 8 AM on Tuesday morning. In the meantime, here’s a rundown of the picture as we at Cumberland...

US Vice President Mike Pence and Commerce Secretary Wilbur Ross will go to Japan this week. In addition to regional security issues, trade relations will likely be featured. Earlier this year, US...