Market Overview

Former hedge fund manager Raoul Pal is a fan of the ISM Manufacturing Index. In fact, the one-time co-manager of the GLG Global Macro Fund in London puts this widely followed benchmark at the center...

I was blown away by the following two charts from Jeffrey Snider’s article titled “The European Basis For New Monetary Science“.As most of you probably know, the Mario Draghi-led ECB...

As expected, Norges Bank (NB) this morning left the sight deposit rate unchanged at 0.50%.The revised rate path still has a 100% implied probability of a 25bp rate cut in H2 16. As NB only publishes...

The UK's referendum is underway. The capital markets are continuing the move that began last week with the murder of UK MP Cox. The tragedy seemed to mark a shift in investor sentiment. Sterling...

The big day has arrived. Britain votes for its future in the European Union today. Although the City of London was hit by a heavy thunderstorm last night, markets looked sensibly brighter during the...

Today is D-Day, the day of the Brexit referendum. Yesterday late afternoon there were 2 polls showing that there was a slight majority in favour of a Brexit, which immediately led to some downside in...

Forex News and EventsTraders should be mindful of the tightness of the vote and the non-linear scenarios (by Peter Rosenstreich) After what seemed to be an endless wait the UK referendum on EU...

One of the first rules of riding a bicycle is to ‘”shift gears early and often.”This constant adjustment keeps up momentum without wearing out the rider or the bike. Ideally, any Fed...

Referendum Watch – Today’s the dayFinally, we have reached Referendum Day and the campaigning is over. All that is left are crosses in boxes and counts in sports halls up and down the...

Sterling strengthens mildly against as 46.5m Britons are ready to vote on the EU referendum in UK. The race is certainly tight according to the latest poll results. A poll by ComRes for the Daily Mail...

There’s nothing really new happening on the oil market, with the price still hovering around the $50 mark. Don't forget that the API’s Tuesday oil report showed a 5.224 million barrel fall...

The day of the Brexit referendum has finally arrived and investors are understandably cautious ahead of what could be a turbulent end to the week.European equity markets are expected to open a little...

DOW – 48 = 17,780SPX – 3 = 2085NAS – 10 = 483310 Y – .01 = 1.69%OIL – .82 = 49.03GOLD – 1.70 = 1267.00Today, UK citizens will vote on whether or not they want the...

GBP/USD has stormed to the highest level of the year, taking the gains in the last five days close to 6% and has $1.5000 firmly in its sights. GBP/JPY has pushed up a lazy 900 pips in the same time,...