Market Overview

Positive sentiment continues to filter into risk assets as commodity markets confound traders desperate for a fitting narrative to match the price action. WTI traded to a five-month high as US crude...

As we have argued lately, there are increasing signs that the Chinese economy is recovering, pulled not least by the construction sector (see Research: A turn in Chinese construction to be a game...

Currencies EUR/USD: The pair is trading above its 50 day moving average on a 4 hour time frame. The next support is near the 1.0767 level and the resistance is at 1.1377. USD/JPY: The pair has...

Forex News and EventsBrexit will provide the ECB with some room Nothing major is expected from today’s ECB meeting, with rates very likely to remain unchanged (main refinancing at 0%, Depo rate...

Market BriefThe US dollar rose sharply in Wall Street yesterday amid strong housing numbers in March. Existing home sales increased by 5.33 million in March or 5.1%m/m, beating a median forecast...

The dollar erased losses against most major currencies on Wednesday, as data showing that U.S. existing home sales rose more than expected last month boosted the currency after the previous...

Risk appetite continues today with Nikkei trading up 2% at the time of writing. That follows strength in US where DJIA closed up 42.67 pts or 0.24% at 18096.27, at highest since last July. WTI crude...

My what a difference a couple of months makes! Several months ago everyone was convinced that stocks were starting a protracted bear market. Many expected it to be even worse than the last one in...

U.S. stocks closed the regular trading session higher despite some mixed quarterly reports from Dow members Intel and Coca-Cola as crude oil prices reversed from early losses and closed solidly...

S&P 500 total return index at all time highDespite a disconcerting 4% drop in Chinese equities yesterday, US and European markets managed to push higher. The all-important weekly US Department of...

EUR/DKK FX forwards have bounced back towards levels from early April.We forecast EUR/DKK at 7.4425 on 1-12M with downside risk to around 7.4350. We recommend Danish pension funds hedge EUR exposure...

Focus today will be on the ECB and Riksbank meetings.For the ECB meeting, we do not expect any policy changes but we believe Draghi will sound dovish as inflation expectations are still very low and...

Providing software to nonprofits, education institutions, and foundations is certainly a noble business cause. But, as a for-profit business and publicly-traded stock, this company’s investors...

Increased ECB QE purchases put a ceiling on interest ratesTake advantage of yield fall to lock in interest rates USD weakening takes a breather To read the entire report Please click on the pdf File...