Market Overview

The removal of one phrase from the ECB statement was a tiny move from Draghi but it was a shift to a new direction. The euro was the top performer Thursday while the yen lagged. Australian home loans...

Gold and gold miners have been diverging recently. What does it mean for the gold market?As we showed in one of the editions of the Market Overview, there is a strong correlation between the price of...

Weak retailers and miners hurt the FTSEThe European Central Bank offering no hints that it will slow the purchase of European assets helped European stock indices to modest gains. The FTSE 100 slipped...

The market is finally awaking to the fact that the ENTIRE move from November 8, 2016 was based on hype and little else.On Wednesday, oil imploded more than 5%, wiping out more than half of its...

Gold Finally Submit to strong US Dollar, Awaiting US Jobless ClaimsGold abandoned the bullish levels after a long struggle with US dollar with efforts to withhold last two weeks' strong gains. Recent...

There are no guarantees when predicting Federal Reserve monetary policy decisions. But yesterday’s surprisingly strong increase in US private payrolls in February by ADP’s reckoning gives...

U.S. stocks fall third session in a row U.S. stock indices closed lower third session in a row as energy stocks fell dragged by a slump in oil prices and strong employment data reinforced...

The bull market has a lot more room to run. With the Trump Administration and GOP Congress deconstructing investment-killing business regulations and aiming to cut taxes, the economy is poised to grow...

The euro tested the lower of its range near $1.05 in Asia before short covering in Europe lifted back toward yesterday's highs near $1.0575. However, buoyed by the upside surprise in the ADP estimate...

A slide in the US job cut report for February would strengthen rate-hike forecasts Europe's inflation is on the march but the ECB should keep its rate unchanged The 10-year US Treasury yield is rising...

Today's CPI inflation figure for China for February surprised sharply on the downside , falling to 0.8% y/y (consensus 1.7% y/y, previous 2.5% y/y).The decline was due mainly to a big fall in food...

The second ECB meeting of 2017 takes place today. The ECB acknowledged that 'there are no signs yet of a convincing upward trend in underlying inflation' at the last meeting in January. Even as...

The European Central Bank (ECB) is expected to maintain the status quo at today’s monetary policy meeting. The bank has already announced to reduce its monthly asset purchases from 80 billion to...

As you may know, the Federal Open Market Committee will meet on March 14 for two days to decide whether or not to raise interest rates for the third time in three years.Strong economic data have...