Market Overview

Ahead of next week, we have the not-so-small matter of the Italian Constitutional Referendum on Sunday. There has been some nervousness rippling through the market, given the broader theme of populism...

The US dollar slipped lower in response to the jobs data, but quickly recovered. The details are mixed, but is unlikely to change views on the outlook for Fed policy. The headline job creation was in...

The leads for Asia are verging on the bearish side and we should see some modest weakness in equities, but the actual backdrop by which equities continue to operate in is improving.US ISM...

The global recovery is gathering pace and is likely to continue in 2017.Long-term yields are set to rise further with reflation, primarily in the US. Despite a fragile OPEC deal, oil prices are likely...

US futures are pointing to a lower open in light trade on Friday morning, as traders await the latest data on the US labour market and gear up for the first rate hike of 2016 from the Federal...

Following the recent string of robust US economic data, and strong hints and conviction that the Fed is poised to hike rates in a fortnight, it will take a significant downside surprise to be...

OPEC members have jolted the oil market this week after an agreement to cut production by 1.2 million barrels per day. Crude was hovering around $51 yesterday, jumping around 8%.The upward trend is...

Today is the NFP which as always will be in focus, and today especially as the expectation is that the FED will raise the interest rate in 2 weeks. Only a very bad NFP is expected to be able to derail...

GBP/CADToday’s support: - 1.6740, 1.6706, 1.6678 and 1.6655(main), where correction is possible. Break would give 1.6628, where correction also may be. Then follows 1.6602. Break of the latter...

Davis willing to pay for single market access?Brexit is front and centre once again in currency markets following questions to Secretary of State for Leaving the EU David Davis yesterday. Sterling has...

Market movers today Today, the US jobs report for November due out at 14:30 CET will be the main focus. Despite the moderate headline employment growth of 161,000, the October US jobs report was...

The financial markets were rather mixed as December started. DJIA jumped to new record high at 19214.30 before closing up 68.35 pts, or 0.36%, at 19191.93. The rally in DJIA was mainly driven by...

Rate Hike Expectations for December Have Not Devalued November Jobs DataIt’s been another rollercoaster year for the US that has so far failed to deliver on any of the four rate hikes forecast...

Highly conditional OPEC agreementThe suspense is over: after weeks of negotiations, members of the Organization of Petroleum Exporting Countries (OPEC) have reached an agreement. The price of WTI oil...