Market Overview

Oryzon presented more granular data from Phase I/IIa in acute leukaemia at the American Society of Hematology (ASH) meeting after the positive headline results had been announced earlier....

European stocks opened flat. The FTSE showed signs of exhaustion following a four-day rally.The pound retraced losses against the US dollar and the euro, as the UK’s trade deficit shrank to...

Much of what we said above about financials holds true for another sector that has rallied strongly in the month since the election: industrials.As of this writing, industrials as a whole have rallied...

EUR/USDThe ECB may have trimmed and not tapered QE overnight, but the EUR/USD itself is still looking very flabby today trading not too far from its overnight lows in a very very quiet Asia session....

EUR/JPYToday’s support: - 121.28 and 120.94(main), where correction is possible. Break would give 120.63, where correction also may be. Then follows 120.38. Break of the latter would result...

Very little on the agenda today, despite the University of Michigan's consumer confidence.The market will use today to scrutinize yesterday's message from the ECB. In Scandinavia, focus turns to CPI...

The ECB extended its QE purchases by nine months to December 2017, but reduced the monthly purchases to EUR60bn from EUR80bn. The lower pace of purchases followed, according to the ECB, as the risk...

“In the world of investing, . . . nothing is as dependable as cycles.”Howard Marks wrote this in his 3/27/2006 investor memo titled “It is what it is”. Marks’ comment...

Fear of missing out is suddenly the prevailing sentiment, overwhelming the previously dominant fear of an imminent selloff. I think this is due to a combination of: 1) uncertainty being lifted...

Euro remains generally soft is Asian session as post ECB weakness continues. The common currency is still in black against Yen, Sterling and Swiss Franc for the week. But it looks vulnerable and could...

In the following charts, we show where we would be buying and selling:EUR/GBPSelling below 0.8425 CopperBuying above $2.60 USD/SEKBuying above 9.15

Earlier, I shared with you that when it comes to President-elect Donald Trump, the media takes him literally but not seriously. His supporters, on the other hand, take him seriously but not always...

The ECB announced today that it will begin tapering (or not as Draghi later claimed, just something that strongly resembles it) its asset purchases from April next year in a clear sign that it is...

Trump saves jobs in Indiana before even being President. This is how you make ‘America Great Again. Between promises to cut corporate taxes from 35% to 15%, reduce regulatory burdens and...