Market Overview

The EUR/USD on Wednesday reached 1.1190 thanks to purchases of the euro for the British pound after a failed BoE auction. The central bank didn’t manage to acquire enough long-term state bonds...

The National Association of Realtors (NAR) delivered some history-making news in its quarterly Metropolitan Median Area Prices and Affordability and Housing Affordability Index for the second quarter...

Low Productivity And Excessive Debt Fueled By Ultra-Low RatesGlobal central planners often cite high global debt levels and decreasing productivity as valid reasons to extend the QE/zero/negative rate...

I frequently check CME Fedwatch for a look at market expectations of rate hikes.When expectations rise, I typically laugh. Given all the analysis on stunning job growth, inventory builds, Fed...

Silver Oil Forex signals Forex systems We look at our favorite markets Aug 10 – 11….

US jobless claims expected to tick lower and remain close to a 43-year low Will the firmer US labour market raise Bloomberg’s weekly consumer survey index? USD/JPY raises possibility of dipping...

Monitoring purposes SPX: Covered short at 2182.87 = .63% loss; Short SPX on 7/26/16 at 2169.18. Monitoring purposes Gold: GDX on 6/10/16 at 25.96 = gain 14.97%. Long GDX on 5/31/16 at...

The accommodative monetary policies of central banks are encouraging risk-taking in investors who can hardly be satisfied with the bond market’s low returns. In this context, credit spreads are...

Market Drivers August 10, 2016Dollar Dump continues for 2nd dayKiwi up ahead of RBNZNikkei -0.18% Dax -0.45%Oil $42/bblGold $1358/oz.Europe and Asia:AUD Westpac CC 101 vs. 99.1 NZD RBNZ 17:00 North...

AUD/CAD Today’s support: - 1.0035 and 1.0024 (main), where correction is possible. Break would give 0.9993, where correction also may be. Then follows 0.9970. Break of the latter would result in...

Bank of England’s money-printing program stumbles on second day of operationsAs part of the quantitative easing program announced by Mark Carney last week, yesterday the Bank’s trading...

U.S. equities finished near the unchanged mark in a session that saw a marked swing in and out of negative territory, as investors weighed some lackluster earnings reports, fairly upbeat domestic...

Forex News and EventsUS data weakens, sell USD Current expectations for a Fed rate hike in September are standing at a meager 26%. Our view is that any decision will come down to the final data points...

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...