Market Overview

The labor report, a continuation of the ADP's strong release, confirms the EAC's rather sudden transition in December. As a result, investors are beginning to discount a more aggressive Fed in 2017;...

As one gets older, you learn to appreciate the idea that quality speaks for itself. Something highly thought of or very valuable, or possibly an individual who has helped create tremendous value,...

There are two planks to Trumponomics—trade protectionism and fiscal stimulus through tax cuts and infrastructure spending. While US fiscal stimulus should be positive for the US and the rest of...

Philippine Environment Department suspended 5 mines and closed 21 after a nationwide audit. The Turkish central bank raised its end-2017 forecast from 6.5% to 8% due largely to the weak lira. Central...

Note: This commentary has been updated to this morning's release of Nonfarm Employment for January.Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is...

Stemming from the virtual absence of underwhelming economic data… the cumulative weight of growing confidence – as relative as it may be, continues to list US markets towards what we...

The end of the US dollar's downside correction, which we see having begun in mid-December, following the Fed hike rather than the start of the New Year, is proving more elusive than we anticipated....

We’re already a month into New Year and there has been an ample amount of sentiment data to suggest that investors, both retail and institutional, aren’t terribly enthusiastic on the stock...

US stocks stalled on Thursday US stocks stopped rallying on Thursday following Trump’s latest comments on the policy he is to pursue. Since the presidential elections in November, markets have...

Sharp rise in PPI -- what does it mean for consumer prices?Reason to keep short EUR/SEK position. Long-dated BEIs above 2% and real rates below -1% - where is the value in longer linkers? Start...

Caution prevails in Equity markets this morning. Uncertainty on Wall Street has spilled over to Asia, with most equities trading downwards. European markets have lifted higher, escaping the nerves...

The dollar is at a pinnacle point. In light of the crossroad the currency faces, we have outlined the most impactful drivers of the asset.The dollar has retreated 3.5% in January. Will the greenback...

GBP/CHFToday’s support: - 1.2397 and 1.2370 (main), where correction is possible. Break would give 1.2347, where correction also may be. Then follows 1.2331. Break of the latter would result...

Stuck In NeutralThose hoping that the Bank of England would abandon some of the neutrality it had only adopted in November were disappointed yesterday as the Monetary Policy Committee stuck firmly to...