Market Overview

Dollar's selloff continues in Asian session today, in particular against Euro, on political worries rather than economic fundamentals. With less than a week to go until the presidential election on...

A strong cohort of global PMI’s has cheered today pretty much everyone, from economists to the media and anyone else in between. China’s official Manufacturing PMI was calculated at 51.2...

Except for a small blip in the euro, the forex market is unusually calm, considering the storm of volatility that is gathering on the horizon. Brokers are already warning that margin requirements will...

The October jobs report is due out on Friday (13:30 CET) and will provide important input in the Fed's decision as to whether it hikes or not in December. Thus, we may change our current call for 'no...

One day, life can be all hunky dory. The kids have stopped arguing, the birds are chirping and we’re feeling good. Then suddenly… haywire… the market suddenly turns into a mass...

The financial media rely heavily on advertising sales from financial firms. Conflict of interest? Possibly. If scores of folks make “risk-off” adjustments to portfolios such that the...

So here we are, days before America picks its poison, with most national polls showing a win for Hillary Clinton. If she pulls it off, she’ll become not only the first woman and first first...

The pulse of the Canadian economy on the agendaMarket observers were clearly disappointed yesterday with another round of fruitless talks in Vienna on oil output. Anticipations that OPEC member...

The money market fund rules change came and went (Rule 2a7 effective on October 14). We now have government funds yielding short-maturity T-bill rates and prime funds yielding more from their holdings...

The US dollar is posting minor losses against most of the major currencies today. The Japanese yen is the exception, as the greenback continues to straddle JPY105.There have been several developments...

Chinese PMI data for October surprised strongly on the upside (see chart below), adding to the picture of a global recovery and putting more fuel on the reflation theme . China consumes around 50% of...

With just one week left before Americans go to the polls, every investor in the country is getting sucked into election season drama. And drama is exactly what we have. Sellers sent stocks reeling...

NZD/USDToday’s support: - 0.7130 and 0.7110 (main), where correction is possible. Break would give 0.7088, where correction also may be. Then follows 0.7062. Break of the latter would result...

Carney storm over…As quick as the potential of a storm around the future leadership of the Bank of England blew up it has been calmed by Governor Mark Carney agreeing to a one year extension in...