Market Overview

407,000 private sector workers are about to lose most of their pensions.I first wrote about this on April 21, in One of Nation’s Largest Pension Funds (Truckers) Will Reduce Benefits or Go Broke...

Federal Reserve monetary policy once again came to the forefront as the Fed released its April minutes this week.After living through years of ZIRP (Zero Interest Rate Policy) coupled with QE...

Kyle Bass focuses much of his commentary on what's going on in China, and in actuality the Fed has been the biggest driver of price in this trade so far the past year.See video below:

About a week ago, I wanted to watch something (out of the corner of my eye, as I often do during my trading day) that wasn’t Bob Ross or one of the movies I’ve seen a thousand times...

The Philippine central bank moved to an interest rate corridor Saudi Arabia is preparing to sell its first global bond ever Transport Minister Yildirim, a close ally of President Erdogan, will...

This morning's release of the April Existing-Home Sales increased from the previous month to a seasonally adjusted annual rate of 5.45 million units from an upwardly revised 5.36 million in March. The...

In addition to earned income, another important source of purchasing power for consumers is government benefits. We can see this by subtracting US federal government spending on goods and services as...

The key development of the previous few days has been the shift in expectations about a possible Fed rate hike during the June / July period. Whereas markets even a week ago attached a very low...

Canadian inflation on the menu todayMarkets are in somewhat of a lull this morning, as observers continue to digest the most recent comments from the Fed. European stocks are in positive territory,...

A second interest rate hike may be near, advised New York Fed President Bill Dudley on Thursday. “If I’m convinced that my own forecast is on track, then I think a tightening in the...

EUR/CAD Today’s support: - 1.4625(main), where correction is possible. Break would give 1.4607, where correction also may be. Then follows 1.4580. Break of the latter would result in 1.4550. If...

CurrenciesEUR/USD – moved down to the next support level around the 1.117 level before moving slightly up. USD/JPY – was not able to push higher to test the resistance just below the 111...

Fed rate hike talk continued to dominate the market theme on Friday but the dollar took a pause on the week’s last day of trading. On Thursday, New York Fed President William Dudley further...

European equity markets are expected to open higher on Friday, paring Thursday’s losses and rebounding once again off the range lows they have traded within for most of this month.Stock markets...