Market Overview

The euro-zone appears to be on target for another banking crisis during 2017. Also, the stage is set for political upheaval in some European countries, a general worsening of economic conditions...

Key Fundamental Forex Events and Forecasts for the Coming WeekThe following table lists the key economic data and other events that are due out during the week of December 5th – December 9th,...

Renzi quits after losing the referendum. EUR/USD heading towards 22-month low, will it break 1.05?Italy held its referendum over the weekend. Italy’s Prime Minister Matteo Renzi proposed...

Summary: The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests the imminent onset of a recession is unlikely.That said, there are some...

ECB Interest Rate is done in 2 parts, first with the rate decision at 7:45am then followed with a press conference at 8:30am. Market is not expecting any further actions out of ECB today, but it will...

CA BOC Interest Rate is expected to keep rates unchanged as there are practically no expectation for a rate cut today; however, judging from the potential rise in crude prices due to production freeze...

AU RBA Interest Rate Decision today is likely to keep rates unchanged at current level although with the uncertainty in the political area and the ongoing development between US and China, we should...

US ISM Non-Manufacturing PMI is a leading indicator but because it’s scheduled after the all important Nonfarm Payroll and the fact Feds is likely to hike rates this month, I would only take a...

The latest IMM data cover the week from 22 to 29 November 2016To read the entire report Please click on the pdf File Below

In Sweden , the week ahead is about industrial data (Wednesday, at 09:30 CET) and not much else. Given positive survey data and the optimistic forward-looking content in the GDP release we expect...

Inflation continues to rise gradually, driven by the contribution of energy prices, now slightly positive. Core inflation continues to trend slightly downwards.We expect these trends to continue in...

Portugal’s budget proposal, presented in mid-October, considers that it responds to the EC’s demands, by aiming to reduce the budget deficit to 2.4% of GDP this year. Moreover the...

In the US, the main release today is the ISM non-manufacturing index for November. We think the index is at a reasonable level and expect only a small increase from 54.8 to 55.0.The Fed's Dudley and...

Will the Eurozone Composite PMI continue to forecast faster Q4 GDP growth? How will the 'no' vote in the Italian referendum affect the Eurozone? US ISM Non-Manufacturing Index expected to rise for...