Market Overview

Forex News and EventsChines imports slumped in July The last trade report from China left little hope of a trend reversal in trade figures. Exports slumped another 4.4%y/y in dollar-denominated terms...

Happy days are here again? On Friday, the mainstream media was buzzing with the news that the U.S. economy had added 255,000 jobs during the month of July. But as you will see below, the U.S. economy...

Friday’s employment report suggested a solid improvement in the US labour market. The US economy added 255’000 nonfarm jobs in July; the wages grew by 0.3% month-on-month. The greenback...

EUR/GBP Today’s support: - 0.8454, 0.8426 and 0.8415 (main), where correction is possible. Break would give 0.8404, where correction also may be. Then follows 0.8372. Break of the latter would...

Dollar surges as US jobs data exceeds expectations and confirms robust economic outlookFriday’s Nonfarm Payrolls data was far stronger than expected and put a fork in the speculation that...

Risk appetites continue in Asian session today after S&P 500 and Nasdaq made record highs last week. At the time of writing, Nikkei is trading up 326 pts or 2% while other Asian indices are...

Market BriefReleased on Friday, the US nonfarm payrolls greatly surprised to the upside. The US economy added 255,000 non-farm jobs in July versus an expected 180k and an upwardly revised figure of...

Summary: The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests the imminent onset of a recession is unlikely.Overall, the main positives...

CurrenciesEUR/USD – fell sharply due to the NFP, but managed to correct quite a bit of the drop in the hours afterwards (nearly half of the move). The strong NFP is definitely causing some more...

Maybe the "smart money" knows the real numbers are now so far from the central planners' rigged statistics that the carefully constructed narrative of "recovery" is doomed to an unwelcome intrusion of...

In a recent article, Peter Degraaf posted a series of charts including the one below. I must confess I had never seen this particular chart before but extremely glad it was posted. I knew the monetary...

Weak industrial activity – expect a a solid rebound in today’s June report Eurozone investor sentiment could slide in today’s monthly update from Sentix The Fed’s Labor Market...

EM ended last week on a firm note, despite the stronger than expected July jobs report. As we suspected, one strong US data point is not yet enough to derail the dovish Fed outlook. With the RBA and...

Friday’s NFP pounded expectations, with the July print showing an addition of 255,000 jobs.USD Non-Farm Employment Change: 255K v 180K expected and 292K (revised up from 287K) previous.USD...