Market Overview

After many rumours, lots of criticism and ahead of the upcoming Bank of England (BoE) meeting on Thursday, BoE Governor Mark Carney announced he will extend his term until the end of June 2019 , see...

The main release today will be the US ISM manufacturing index for October. It will be important to see if it confirms the positive signs on October activity from the Markit PMI released last week....

Buy SGB1059 versus SGB1057 @ 42bp. P/L: 30bp/52bp. 3m carry & roll down +1bp.Buy SGB1059 versus SGB1057 in ASW box @ -3bp. P/L: -10bp/0bp 3M carry and roll down +1.5bp. To read the entire report...

CurrenciesEUR/USD – traded slightly down even though there was an upwards move after the US data was weaker than expected, but mainly on the backdrop of the news that BOE Governor extended his...

RBA left cash rate unchanged at record low of 1.50% as widely expected. The accompanying statement sounded balanced with little change in growth and inflation outlook comparing to three months ago....

UK manufacturing projected to tick lower but remain close to a two-year high A fractional rise expected for US manufacturing in October US auto sales likely to slip in October, promoting the view...

Personal Income and Spending continue to suggest only further weakness. While there is a whole lot of caution necessary when analyzing this data due to its susceptibility to large revisions, there is...

Another year, another miss: Following a two-day meeting, the Bank of Japan pushed back its inflation target once again. The new target is 2018.Yet, despite the missed inflation target and despite no...

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This...

Here are a few aspects of the current financial situation that I find interesting:1) The spread between the 10-year T-Note yield and the 2-year T-Note yield is a proxy for the US yield curve. When...

After Friday’s strange but surprising dollar losses, yesterday provided an equally strange development. It certainly makes me a lot more cautious. I can’t say that anything went wrong...

Carney's tenure at the helm of the Bank of England became a distraction. Ahead of this week's MPC meeting and Quarterly Inflation Report, he addressed the issue.Several press reports over the weekend...

Four major central bank interest rate announcements line up for this week. High volatility presents more trading opportunities, great news for traders.Last week, we saw WTI oil fell below $49 a barrel...

In this week's market analysis, we will look at potential trading opportunities and zones where we should look for price action, evidence and potential moves. Pairs and markets analyzed this week:...