Market Overview

Yen surges after markets are disappointed by BoJ's announcement. The key interest rate was held unchanged at -0.1% while there were speculations that it could be pushed further negative to -0.3%....

I won’t go into huge depth about the BOJ meeting, but it’s fair to say they delivered the minimum. The vote count painted the clearest picture and there was little appetite to increase the...

It’s Bank of Japan (BoJ) Day. For short-term traders very little else matters today. Yesterday, USD/JPY overnight implied options volatility was at the highest since 2008 and the second highest...

The Bank of Japan (BoJ) is increasing its purchases of ETFs but has kept the policy interest rate and bond purchase programme unchanged at -0.1% and JPY80trn, respectively. The BoJ is keeping the door...

Buy SGB1054 versus SGB1052 @ 30bp. P/L: 18bp/40bp. Carry/roll down: +1.5bp/3M.Sell SGB1052 ASW versus receive RIBAMAR17 and pay FRADEC16. -26bp and -2.5bp. P/L:-18bp and 0bp/-32bp and -10bp. Tax...

The Bank of Japan (BoJ) has disappointed the markets and the yen has strengthened. The BoJ only expanded the purchase of ETFs and doubled the size of a USD lending programme while keeping the policy...

CurrenciesEUR/USD – rose on the backdrop of better than expected data out of the Eurozone and weaker data out of the US. It reached the resistance around the 1.1116 level before moving a bit...

The latest report from Eurekahedge indicates that hedge funds’ assets under management are up by $19.9 billion in the first half of 2016 worldwide. Eurekahedge, which tracks the health of the...

We are bullish on the U.S. market for the next few weeks, and suggest buying on dips in August. Although the market is not cheap, the U.S. is a haven for money leaving Europe because of Brexit and...

We began to get bullish on Brazil in March (you can read the Bloomberg coverage of our analysis here). Since that time, Brazilian market and economic conditions have continued to move ahead,...

Here is the opening statement from the Department of Labor: In the week ending July 23, the advance figure for seasonally adjusted initial claims was 266,000, an increase of 14,000 from the previous...

Over the last decade the general trend has been consistent: The rate of home ownership continues to decline. The Census Bureau has now released its latest quarterly report with data through Q2...

The Kansas City Fed Manufacturing Survey business conditions indicator measures activity in the following states: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, western Missouri, and northern New...

The latest index reading comes in at 14.4, up from the previous week's revised 14.2.RecessionAlert has launched an alternative to ECRI's Weekly Leading Index Growth indicator (WLIg). The Weekly...