Market Overview

Broad Stock Market Back To Familiar AreaWhile the S&P 500 (via SPDR S&P 500 (NYSE:SPY)) was able to push to a new high during Monday’s trading session, the broad NYSE Composite Stock...

"It only takes a spark to get a fire going."In today’s report, four recent articles about the increasing tensions in the South China Sea are presented. Obviously, this issue is getting...

You win some, you LeadsomCurrency markets, particularly those pairs that have included the pound, have been a fool’s errand since the Brexit vote with yesterday’s markets particularly...

In the short run, fiscal stimulus adds to GDP. In the long run it subtracts.Damn the long-term consequences, Abe Orders New Stimulus Package After Election Win. Japanese Prime Minister Shinzo Abe...

Once again, we turn to my big-picture comparison chart of Crude Oil versus the USD/CAD relationship, which often warns and tells us what to expect for the direction of Oil prices based on the behavior...

On June 23, 2016, the British electorate voted by a narrow margin to exit the European Union.While markets were only briefly disturbed, British politics were thrown into complete chaos. Prime Minister...

CurrenciesEUR/USD – moved up in tandem with the GBP after it became clear that Theresa May will become Britain’s next PM. This became clear just as we approached the support around the...

Focus today will be on the Ecofin meeting in the EU where the finance ministers will discuss whether to punish Spain and Portugal with fines for not meeting their budget targets. It comes at a...

The S&P 500 has printed a new high, but the price action is hardly inspirational and there was seemingly a level of caution in the buying. The NASDAQ is still eyeing a move through the April 19th...

Global prospects for growth remain sluggish at best, in spite of reduced expectations for Fed fiscal tightening and a moderate recovery in oil prices. One can expect growth to continue to be hindered...

The US Small Business Optimism Index should edge higher for June Upbeat data will point to stronger numbers in the labour market for July Survey data for Indian manufacturing hints at firmer output...

So much of the basis for monetary policy was put in place in the 1960’s study of the 1930’s. It has become commonplace simply to assume 21st century tactics as being directly lifted from...

Even with the huge turnaround in the Establishment Survey’s headline number in June, the Fed’s alternate factor model could not manage a positive number. It was an improvement over May...

The Australian dollar is trading a tad lower this morning, off yesterday’s election inspired highs as a sense of normality returns to the Markets. In a delayed response to Friday stellar US NFP,...