Market Overview

German jobs report support optimism in the country's consumer sector A mild rise in jobless numbers is hardly a tragedy for a steadily growing economy Eurozone business sentiment: Hopes for second...

The long awaited move towards higher rates still isn't happening any time soon as we heard from our fearless leader, Ms. Yellen, who said that rates will be data dependent. We've heard that line month...

This morning the National Association of Realtors released the March data for their Pending Home Sales Index. "Despite supply deficiencies in plenty of areas, contract activity was fairly strong in a...

The FOMC delivered a statement largely as expected. It upgraded its assessment of the global economy by dropping the reference to risks. It downgraded its assessment of the domestic economy by...

Trading volume was muted ahead of the Fed announcementPending home sales were a bullish surprise this morning. According to stats, homes under contract for sale were up 1.4% in March. However, it was...

With great risk comes great reward, and vice versa. If you’ve been planning to invest in an international spectrum, you have the possibility to experience the marketing trends and cultures of...

Markets are listeningDisappointing U.S. indicators once again undermined the greenback’s performance. Durable Goods Orders and Consumer Confidence both fell short of expectations, corroborating...

Oil hit its highest level of 2016 on Wednesday, driven by a falling dollar and evidence of declining U.S. supply, putting the price on course for its strongest monthly performance since last April.The...

The Federal Reserve is widely expected to leave interest rates unchanged today. But perhaps standing pat with the target Fed funds rate at a mildly positive 0.25%-0.50% range should be viewed as a...

EUR/SEKToday’s support: - 9.1697, 9.1644 and 9.1605 (main), where correction is possible. Break would give 9.1564, where correction also may be. Then follows 9.1530. Break of the latter would...

Referendum risk has already taken a toll on UK economic growthToday’s GDP figures from the UK are expected to show decelerating growth, to 0.4% from 0.6%, which is hardly surprising given the...

I am sure that in my career I have seen weirder reactions. But when the Durable Goods number came out yesterday and plainly was significantly weaker-than-expected and energy rallied, I must admit it...

Brazil’s lower house has voted against impeaching President Dilma Rousseff. Now the case goes to the Senate, where a simple majority will remove her.While the markets have assumed that removing...

The foreign exchange market is largely quiet as the market awaits fresh trading incentives and the FOMC statement later in the North American session. The main exception to the consolidative tone is...