Market Overview

European markets were poised for one last burst of action before the end of the year on Thursday, with Italy expected to outline plans to rescue the world’s oldest and now its most troubled...

I've picked out a few charts from the Weekly Macro Themes I keep an eye on, that I think will be particularly relevant in 2017 and could flag potential risks and opportunities.The first one, below is...

by Eli Wright Markets continue to move sideways on tepid volume and the lowest volatility levels since 2014—the VIX briefly fell below 11 yesterday, before closing at 11.25. It appears that many...

CurrenciesEUR/USD – has moved up to reach close to the resistance around the 1.046 level. It looks like the USD has trouble around these levels which is around a 14 year low. That is not...

EUR/JPYToday’s support: - 122.21, 121.96, 121.67 and 121.48 (main), where correction is possible. Break would give 121.18, where correction also may be. Then follows 121.05. Break of the latter...

Quiet as a church mouseWe’ll keep this update short as there is an infinitesimally small amount of news flow out there and even less that is having an effect on currency markets. Anyone who is...

Despite having the G7’s largest debt to GDP ratio, Japan Boots Military Spending to Record levels amid Chinese tensions. Japan’s Prime Minister Shinzo Abe has signed off a record defense...

Market movers today Focus today will be on a broad string of US data. The Fed's preferred measure of inflation, the core PCE deflator, is expected to stay flat at 1.7% y/y, which should not bring any...

Riksbank adds QE, earlier reinvestments - several dissentersContinued sluggish performance in SEK rates to be expected after Riksbank announcement. To read the entire report Please click on the pdf...

US durable goods orders for November headed for a retreat Modest rebound set for US macro trend via the Chicago Fed National Activity Index US personal spending growth on track to hold steady in...

if you create and distribute money only in the apex of the wealth/power pyramid, it can only benefit the few rather than the many.There are numerous debates about money: what it is, how we measure it,...

At one point in time not all that long ago, basic economics (small “e”) ruled central banking. There was really no other choice, as out of necessity bred change and understanding. The...

Approximately 40,000 junior bondholders are about to take a huge hit as a last-gasp private rescue plan for Monte dei Paschi (OTC:BMDPD), the world’s oldest bank, which looks set to fail.Please...

Another day, another set of predictions from Wall Street analysts for 2017. This time the predictions come from Barclays' (NYSE:BCS) US Equity Strategy team headed by Jonathan Glionna and Eric Slover,...