Market Overview

Treasury market inflation expectations remain close to the lowest level since February, when economic worries were elevated. The yield spread for the nominal 10-year Treasury Note less its...

CHF/JPY Today’s support: - 108.55, 108.34 and 108.06 (main), where correction is possible. Break would give 107.77, where correction also may be. Then follows 10756. Break of the latter would...

Referendum Watch – 1 day to goWe say there is one day to go, but by the time you are reading this, it will be a matter of hours until the polls open and the 4 months of campaigning will fall...

The US dollar has further softened as Federal Reserve Chair Janet Yellen sounded more dovish than expected at her semi-annual testimony yesterday. Yellen said she expects a turnaround in the labour...

Gold is the ultimate safe haven, and when global financial risks rise or fall substantially, enormous institutional liquidity can flow into gold, or out of it. That’s the hourly bars gold chart....

CurrenciesEUR/USD – saw a sharp reversal yesterday due to a correction in the USD across the board. In any case, all eyes are on the Brexit referendum tomorrow, especially since today we have a...

Yellen unlikely to hike in JulyJanet Yellen’s speech overnight emphasised the cautious approach the Fed is taking at the moment. The dramatic slowdown in May non-farm payrolls growth and global...

The Cass Truckload Linehaul Index is down for the third consecutive month. It’s a measure of market fluctuations in per-mile truckload linehaul rates, independent of additional cost components...

The last few years have seen US Equities following a near linear trend as quantitative easing dumped bucket loads of cash into the economy which inevitably sought yield in the equity markets. Despite...

There is a nervous calm in the capital markets today. The focus is squarely on tomorrow's UK referendum.According to a BBC focus group, the left camp won the debate 39%-34%. The last polls show a...

Dollar recovered mildly against Euro and Yen but stays weak against other major currencies after Fed chair Janet Yellen's testimony before Senate Banking Committee. Yellen noted a few risks to law...

The second quarter of 2016 saw continued volatility in the equity market, while yields in the fixed-income market continued to grind lower. The downward trend in fixed-income yields was a result of a...

Engaging in merger arbitrage—that is, entering a position after a definitive agreement has been signed between the target and the acquirer—is akin to selling options. The most an...

This past week saw some very exciting movement in the metals. There was something for the bulls and the bears alike. But, for now, the bulls still have the edge, at least in my humble opinion. Yet,...