Market Overview

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...

The U.S. dollar remained under pressure all day yesterday, and was sold off against the other global currencies. It is well known that the Federal Reserve does not like a strong USD and is not shy...

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...

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.”...

DOW + 49 = 18,053SPX + 6 = 2100NAS – 19 = 494010 Y + .01 = 1.78%OIL + 1.30 = 41.08GOLD + 17.80 = 1251.30The Dow Industrial Average closed above 18,000 yesterday for the first time since last...

U.S. equities finished mixed in a choppy session with a sundry of earnings reports pitting weakness in the tech sector on International Business Machines (NYSE:IBM)'s disappointing outlook, with a...

There is undoubtedly serious stratification in the housing market, as higher end homes have no trouble selling at greater and greater price points. That, in turn, has left those owing homes in the...