Market Overview

Over the past week, all of my core market indicators drifted slightly lower. Most notably are the measures of market quality. They bounced back and forth across the zero line this week. That category...

Economically illiterate Financial Times writer Gillian Tett is singing the praises of inflation.There’s nothing special about being an economic illiterate. It’s the norm. What’s...

China Abandons 6.5% Growth TargetAs the majority of trading floors in New York and London have now closed holidays, it is the perfect time to policymakers around the world to release any news that...

T2108 Status: 70.9%T2107 Status: 64.6%VIX Status: 11.4General (Short-term) Trading Call: neutralActive T2108 periods: Day #213 over 20%, Day #33 over 30%, Day #32 over 40%, Day #30 over 50%, Day #24...

While few will be trading in the week between Christmas and New Years, we thought it might be helpful to review the dollar's technical condition. We make two overall points. First, although the...

Note: With the avalanche of economic data released yesterday, we are a day late in our usual update for the Conference Board's Leading Economic Index.The Latest Conference Board Leading Economic Index...

It was a sure thing, a done deal, a safe bet. Or so we were told. But certainty that the UK would slide into a recession after voting in June to leave the European Union has, so far, turned out to be...

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...

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...

Financial stress in China looks to have eased a bit this week. Nevertheless, it will be on the market's watch list today as, for example, offshore money market rates remain at elevated levels,...

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...