Market Overview

Tough To Ignore The Will Of The PeopleYou may have heard about the number of signatures on a “do over” petition regarding the recent EU referendum in the United Kingdom. However, given...

How exceptional are market developments? Much rests on the answer.If these are extraordinary circumstances, then Japanese intervention becomes more likely. Of course, Japanese policymakers have been...

The mainstream financial media is repeating the yearly claim that analysts say the second half of 2016 will be better than the first.The media is reporting that analysts believe earnings growth will...

Well, that didn’t take long to happen.In last weekend’s commentary, I discussed the likelihood of Central Bankers leaping into action to stabilize the financial markets following the...

Everywhere one turns there is evidence of widespread rage and frustration. The peoples of Europe and the Americas in particular are aggrieved at their political lot and are becoming increasingly...

Considered the second largest economy, China was still weighing the impact of the Brexit behind the emerging forecasts about the coming changes in the global economy. Knowing that further market...

We discuss some of the market standouts today as copper and natural gas continue to outperform other risk assets in this volatile price movement environment.

We revise our USD/CNY forecast higher to 7.00 +12M from 6.85 previously and continue to recommend hedging of receivables. Weakening pressure has increased recently and USD/CNY has spiked higher to the...

Stability at the expense of democracy?Ratings agency S&P did not take long to react: yesterday, it announced that it was downgrading the UK’s credit rating from AAA to AA. It justified its...

Forex News and EventsMarkets reverse losses Financial markets are heading for another rollercoaster ride on Tuesday as investors switched to risk-on mode after two days of mayhem. Equity indices were...

Next month’s “advance” GDP report for the U.S. in the second quarter is widely projected to show that economic activity will rebound from Q1’s sluggish 0.8% gain (which is...

The global capital markets are stabilizing for the first time since the UK referendum. It is not uncommon for markets to move in the direction of underlying trends on Friday's close, see...

Following the UKs 'leave' vote, we expect both the UK and the euro area to fall into recession in H2 16 as the high uncertainty should result in declining investments. The US economy is also not...