Market Overview

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,...

After last week’s failed call for a “relief rally” it becomes harder to accept bullish signals as seen in the McClellan Oscillator this week. There is the possibility of a...

Puerto Rico and various instrumentalities thereof may default on debt within days. If they do so, this will happen without the benefit of an applicable bankruptcy system or other legislated means of...

In February 1999, the Bank of Japan announced that its call money rate would be zero “until deflationary concerns subside.” Other than a temporary shift in 2001 and 2006, deflationary...

Target2 imbalances in the eurozone continue to mount. The ECB itself now has the third largest negative balance following Italy and Spain.Target2 is a measure of capital flight. Those needing a...

USD set to strengthen over the coming monthsBrexit or not, global yields are likely to stay low for now Renewed uncertainty about US rate hike To read the entire report Please click on the pdf File...

US housing prices should post another solid gain in today’s April update Eurozone consumer confidence should weaken in June after two monthly gains The upbeat mood in Germany is unlikely to be...

A Black Swan With A 124-Day Notice?On February 20, 2016, U.K. Prime Minister David Cameron announced the EU Referendum would be held on June 23. When votes are cast this week, the financial markets...

Trading on Monday and early Tuesday has sent a clear indication that financial institutions are beginning to re-position themselves for a likely ‘remain’ outcome via the Brexit vote....

A majority of policymakers under the Bank of Japan disclosed the narrow growth of the Japanese economy and the drop of prices as the overseas economies couldn’t find stability. After the Bank of...

Global markets felt pressured during trading on Tuesday as the elevated concerns over the immeasurable impacts of a Brexit to the global economy weighed heavily on sentiment. Although stocks edged...

The betting and events markets have shifted more decisively than the polls in favor of the UK to remain in the EU. Sterling extended its rally from $1.4010 last Thursday to nearly $1.4785 today, as...

CurrenciesEUR/USD – has been moving up as the likelihood of a Brexit have decreased and this is causing the EUR to strengthen. We can see that at the moment we are being held back by the...