Market Overview

While the majors calendar is very light, today marks the first of two 'Scandi inflation' days. Focus will in particular turn to the inflation print in Norway where we expect another core measure print...

Quarto's (LON:QRT) $9.8m acquisition of the becker&mayer publishing assets is in line with its strategy of expanding in the US and in children’s publishing and should be usefully earnings...

Last week the Bank of England lowered their interest rates. This combined with previous moves by the ECB and the Bank of Japan and the reduced probability that the US Federal Reserve will increase...

The robust US jobs report at the end of last week had arrested the down draft seen the previous week in response to the disappointing Q2 GDP report. The mostly sideways movement has given way to a...

What is the real interest rate? It is the nominal rate minus the inflation rate. I previously wrote about one problem with this notion (the nominal rate exists in the market, but the real rate is...

Trading volumes were thin in Asia. In Japan, better than expected June machinery orders and a stronger second quarter capital expenditure (CAPEX) partially waned expectations of a need for an emergent...

Dollar weakens broadly in relatively quiet market overnight. The post NFP rally in the greenback quickly faded as traders are not convinced of another rate hike by Fed this year yet. Fed fund futures...

Anyone with an ounce of common sense knows that negative interest rates cannot occur naturally, can only occur with government or central bank intervention, have nothing to do with free markets, and...

Solid gains in US payrolls imply a rebound for June job openings The 2-Year Treasury yield isn’t pricing in a rate hike for next Fed policy meeting Recession worries will probably weigh on...

Neuberger Berman, the asset management business spun off from Lehman in late 2008, has produced a new report on foreign access to China’s bond market.China has until now kept its bond market...

Former Fed Chair Bernanke keeps a blog at Brookings. His latest post offers insight into how to think about the Federal Reserve, and in particular, Fed officials' understanding of the US economy....

UK Industrial and Manufacturing Production won’t capture Brexit fallout, NIESR GDP Estimate of more interestToday’s production and trade balance figures from the UK will certainly fill...

Forex News and EventsSwitzerland: Good jobs data but… There were no major changes in Swiss unemployment data, which remained stable at 3.1% in July and 3.3% when seasonally adjusted. After...

In an otherwise uneventful foreign exchange market, sterling's slide for its fifth consecutive session is the highlight. It was pushed below $1.30 for the first time since July 12. Initial resistance...