Market Overview

The US dollar is consolidating yesterday's losses. The greenback's upticks have thus far been shallow and unimpressive, except perhaps against the New Zealand dollar, which is off 0.8% ahead of next...

Jean Pisani-Ferry has written a very interesting post about the need for trusted experts in a democracy. The post addresses the criticisms that economic experts have received as a result of the Brexit...

The pound has been surfing on a positive wave against the US dollar since July 26th, mostly due to a global sell-off in the greenback rather than better appetite for the pound itself. Cable cleared...

EUR/JPY Today’s support: - 113.12, 112.90, 112.73 and 112.50 (main), where correction is possible. Break would give 112.35, where correction also may be. Then follows 112.11. Break of the latter...

A recent series of data points suggests the U.K.’s decision to leave the European Union, while a step in the dark, may at least have the benefit of serendipitous timing.After seven years of...

Market BriefAsian stock markets were about to close in negative territory for a second straight day as investors wondered whether the rally is running out of steam. In Japan, the Nikkei was off 1.88%,...

Disappointed investors sent Asian equities lower across the board early Wednesday after Japan’s approval of the 28 trillion yen in fiscal stimulus failed to revive hopes that Prime Minister...

Japan’s stimulus plans underwhelm, USD/JPY -1.45% to 100.9 S&P 500 VIX volatility index +7.3% to 13.3 S&P 500 falls for second day in a row -0.6% lead by the retailers and...

Jobs report preview We estimate non-farm payrolls rose 175,000 in July in line with consensus of 180,000 , both significantly lower than the large increase in June of 287,000. Changes in non-farm...

The Personal Savings Rate is a rather important economic indication. Because it is derived from the difference between income and spending, it can tell us a great deal about the state of the economy...

Survey data implies softer retail spending in the Eurozone for June Modest US job growth expected in today’s ADP Employment Report for July US ISM Non-Manufacturing Index on track to dip but...

One thing that you have to appreciate about Donald Trump is that unlike most politicians, he actually says what is on his mind. On Tuesday, Trump told Fox Business that he had already gotten out of...

This Great Graphic is deceptively simple. It is chart from the Bureau of Economic Analysis based on the price indices from components of personal consumption expenditure. The rust line is service...

Almost eight years after the bankruptcy filing of Lehman Brothers and the first of many central bank quantitative easing programs, it appears the expansion – the weakest on record by several...