Market Overview

Deutsche Bank AG (DE:DBKGn), which is being probed over whether it helped investors illegally transfer billions of dollars out of Russia, said an internal review provided no indications that it...

Japanese markets were closed today. Activity in Europe is light, and the same is expected in North America today. Japanese markets will open on December 26, while the US and European markets re-open...

It is quite a shaky year-end for the European financials.Deutsche Bank (DE:DBKGn) will pay $7.2 billion to DoJ Deutsche Bank (+3.52%) agreed to pay $7.2 billion to the US Department of Justice (DoJ)...

The financial markets are generally steady ahead of holiday weekend. Dollar index is back below 103 handle but is staying in tight range between 102.50/103.50. Gold follows and stays in range between...

CurrenciesEUR/USD – was moving steadily up until reports came out that that ECB could be expanding its QE even further if the economy will slow down further, which caused for immediate downside...

Forex News and EventsBrexit: Gazing at a crystal ball The pound sterling has suffered a substantial sell-off in December as it fell a massive 4% against the greenback and returned to 1.2260, the...

FTSE -9 points at 7054DAX -6 points at 11450 CAC -5 points at 4829 Eurostoxx -4 points at 3265 Monte dei Paschi has been rescued by the Italian government after falling short at raising 5 billion...

I’ve been victim of this same media mentality since I issued my Mea Culpa last week.Somehow the media has decided that my admission of mistiming the market very short term was a switch from a...

Italian lawmakers agreed yesterday to set aside up to €20 billion to support the country's banks as they struggle with financial problems. At the top of the list is Monte dei Paschi di Siena, the...

I have written over the last couple of months the market was likely to rally into the end of the year as portfolio managers, hedge, and pension funds chased performance and “window...

It’s a bad day for European banks, Blackstone (NYSE:BX) ends its ‘endless’ fund, and oil’s rising again. Here are some of the things people in markets are talking about...

Forex News and EventsMarkets are getting for Christmas holidays Equity markets across the globe are edging lower on profit taking, volumes are shrinking, FX implied volatilities are easing; there is...

As expected, the FOMC at its December meeting raised the target policy range for federal funds to 50–75 basis points. The Committee also released its latest summary of economic projections...

The dark art/science of modeling the future has a shady reputation generally, and rightly so. But while extreme caution is always recommended when trafficking in prognostication, it’s a...