Market Overview

Goldman Sachs (NYSE:GS) did not disappoint. The bank’s earnings for Q1 were a disaster slightly worse than what was already anticipated as beyond bad. There was nothing that the firm did that it...

The three-month average of the Chicago Fed National Activity Index (CFNAI) is expected to tick higher in tomorrow’s March update, based on The Capital Spectator’s average point forecast...

Wednesday morning's release of the March Existing-Home Sales bounced back from the previous month to a seasonally adjusted annual rate of 5.33 million units from 5.07 million in February. The...

Note: In response to a request, we've update this commentary with data through Tuesday's market close.Let's take a closer look at US Treasuries since the Fed's December rate hike decision, the first...

The most salient feature on the chart below is the Emini S&P 500's bullish stubbornness coupled with crude oil's thrust above its prior, post-Doha-rally high at $41.35.In Emini's case, as long as...

The first month and a half of 2016 were brutal for the U.S. equity market, as the major averages plunged over 10%. The culmination of the decline came on Feb 11 when the Dow Jones Industrial Average...

US stocks ended higher on Tuesday as investors weighed earnings reports, while oil advanced. The dollar weakened, with disappointing housing market reports reinforcing expectations of a slower pace of...

Main points for the 3 months to February 2016Between September to November 2015 and the 3 months to February 2016, the number of people in work and the number of unemployed people increased, but the...

Sell (receive) FRAJUN17 and sell SGB1051 at 32bp. Carry/roll down +2.5bp/3M. P/L: 22/40bp.To read the entire report Please click on the pdf File Below

There’s no chance that the Federal Reserve will announce a rate hike at its monetary meeting next week, according to the Fed funds futures market. The implied probability that the central bank...

Optimism here, but being testedSay it very quietly, but markets seem to be in a rather good mood all of a sudden, or certainly are as we enter Wednesday’s markets. Commodities have continued to...

The dollar lost ground, dropping to 10 month lows against most major currencies on Tuesday, as the release of weak U.S. housing sector data continues to pressure demand for the greenback. The U.S....

The US dollar has been largely confined to yesterday's ranges against the major currencies. China's yuan slipped lower for the first time in four sessions, while the Shanghai Composite fell 2.3%, the...

“Single-family housing starts in March were at a rate of 764,000; this is 9.2 percent (±10.3%)* below the revised February figure of 841,000.”...