Market Overview

Despite the recovery in the labor market and the economic activities, the Federal Reserve decided to keep the monetary policy unchanged. The Federal Open Market Committee maintained the target range...

More Kale Smoothies On The Way Regardless of whether or not the Bank of Japan’s statement this week is well received by the financial markets, the trend has been and will continue to be to print...

Friday could be among the most challenging sessions of the third quarter. The focus is primarily on Japan and Europe, but the US reports its first estimate of Q2 GDP. After a six-month soft patch...

Knowing when the U.S. Economy is heading for recession is paramount for successful investment decisions. Our weekly Business Cycle Index (BCI) would have provided early reliably warnings for the past...

Notes From The StatementAt their July rates meeting the Federal Reserve opted to maintain policy at current levels, in line with market expectations. With no updating of the FOMC forecasts and no...

Fed leaves door openThe tone of the statement that accompanied yesterday’s Federal Reserve decision just barely bordered on optimism. To no great surprise, the key rate remained unchanged, but...

Financial markets are on standby ahead of Friday’s Bank of Japan (BoJ) monetary policy decision which is widely expected to conclude with unleashing a mammoth 28 trillion Yen stimulus to support...

U.S. stocks finished mixed and near the flat line for a second-straight day, save a nice gain for the Nasdaq on the back of an earnings beat from Apple, with investors weighing a plethora of earnings...

After reversing lower yesterday after the FOMC statement, the US dollar has continued to move lower against the major currencies, save sterling. While the market is not fully confident of a rate cut...

WEEKLY REVIEWIn this week’s video we do a complete Elliott Wave analysis of four markets – S&P, EUR/USD, oil and gold. We also look at the changes that have occurred in the markets one...

The Federal Reserve (Fed) maintained the status quo as expected. What was less expected however was the FOMC’s optimism regarding the economic outlook and near term risks. Global growth...

Oil quotes on Wednesday crumbled after EIA statistics came out showing US oil reserves increasing 1.671 million barrels instead of by an expected fall of 2.257 million barrels. As a result, Brent...

EUR/AUD Today’s support: - 1.4670, 1.4627 and 1.4580 (main), where correction is possible. Break would give 1.4552, where correction also may be. Then follows 1.4529. Break of the latter would...

Yellen and Co keep their options openLast night’s Federal Reserve meeting and statement was a profound effort of a central bank looking to hedge its bets. First things first, there was no change...