Market Overview

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...

EUR/NZD Today’s support: - 1.5716 and 1.5694 (main), where correction is possible. Break would give 1.5667, where correction also may be. Then follows 1.5896. Break of the latter would result in...

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...

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,...

For those who are ready to Brexit from Brexit being mentioned in every conversation, the good news is that the vote is today.The US session was hit by the Opinium and TNS Brexit polls showing...

By Clement ThibaultAfter today, it’s conceivable that the European Union’s political and economic future could be reshaped by the UK’s June 23-scheduled referendum vote regarding...

Near the start of her tenure, Janet Yellen in a speech given on April 16, 2014, at the Economic Club of New York declared monetary policy concerned with three big factors. The first was inflation and...

Eurozone PMIs for manufacturing and services expected to remain steady in June Slow US growth but no recession likely to be confirmed in Chicago Fed release June US Manufacturing PMI on track to inch...

DOW + 24 = 17,829SPX + 5 = 2088NAS + 6 = 484310 Y + .03 = 1.70%OIL – .52 = 48.85GOLD – 22.30 = 1268.70Federal Reserve chair, Janet Yellen, presented her semiannual testimony on monetary...

Almost everyone is assuming the Brexit vote is going to be negative for gold. But gold hasn't been going up because of Brexit. The market has known for months that Brexit is going to fail.Gold has...

This morning's release of the May Existing-Home Sales increased from the previous month to a seasonally adjusted annual rate of 5.53 million units from a downwardly revised 5.43 million in April. The...