Market Overview

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,...

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...

\Technical analyst and newsletter writer Clive Maund explores the link between an anticipated copper rally and an upswing in Chinese markets. In marked contrast to gold, copper looks to be set up for...

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...

Sterling is hovering around seven cents above last week's lows as many short-term participants better position themselves for the UK to vote to say in the EU, even though many opinion polls show a...

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...