Market Overview

Dollar gaining but running out of steamThe dollar continued to press on yesterday in quiet trade with political weather systems picking up speed as we head into the end of the year. Some of that...

Dollar stays firm with support from expectation on December rate hike. Chicago Fed president Charles Evans said that the appropriate policy would have three interest rate hikes "between now and the...

The German Ifo expectations survey due for release today should send the same signal as did the PMIs released yesterday. In September, the figure increased to the highest level since the end of 2015,...

Oil prices have picked up on prospects of OPEC dealUpward risk to interest rates and yields Divergence between NOK and SEK looks stretched To read the entire report Please click on the pdf File...

Key Points: Low inflation environment should pressure the RBNZ to cut the OCR. Cooling off of the Auckland housing market gives the bank some room to move. Keep an eye on the RBA Cash Rate decision in...

Germany’s Ifo survey of business sentiment projected to remain mostly flat US house prices will probably continue rising at 5%-plus a year in today’s update The US Consumer Sentiment Index...

I can’t say I’m too surprised with yesterday’s long and winding and twisting and wonky road that may have – or may not have – led to a door but could also be a portal to...

Last Thursday, the ECB (European Central Bank) left its monetary policy and interest rates unchanged. “The Governing Council continues to expect the key ECB interest rates to remain at present...

The broad US economic trend decelerated in September for a second month in a row, according to today’s update of the three-month average of the Chicago Fed National Activity Index (CFNAI-MA3)....

"Index shows economic growth picked up in September " This is the headline for today's release of the Chicago Fed's National Activity Index, and here are the opening paragraphs from the report: Led...

Market Drivers October 24, 2016 EZ PMI beat across the board UK CBI -17 vs. -4 Nikkei 0.29% Dax 0.78% Oil $50/bbl Gold $1266/oz. Europe and AsiaEUR PMI 53.7 vs. 52.8GBP UK CBI Industrial Trends North...

US futures are pointing higher on Monday, on course for similar gains to what we’re seeing in Europe where indices are threatening to or have broken above recent trading highs, in what could be...

China reported last week that its economy grew at 6.7% in the third quarter compared with a year ago.That’s bang on the money where most analysts had expected it to be and was identical to the...

The euro area PMI figures for October were strong, and in line with the latest signals they suggest that GDP growth in the euro area in H2 16 will be stronger than initially expected after the UK's...