Market Overview

Chinese activity data today clearly confirms that the Chinese economy is recovering. This was signalled by the sharp rise in PMI for March and is now confirmed in investment and industrial production...

More QE or not - that's the question (for the Riksbank's April meeting).Gravitating import prices. The FSA and Riksbank - on different planets? To read the entire report Please click on the pdf File...

Asian markets are steady as a batch of economic data from China affirmed the view that economy there is stabilizing. Q1 GDP growth slowed to 6.7% yoy, down from prior quarter's 6.8% yoy, meeting...

Currencies EUR/USD: The pair is trading below its downward trend line on a 4 hour time frame. The next support is near the 1.1141 level and the resistance is at 1.1495. USD/JPY: The pair has...

The Canadian dollar retraced on Thursday as energy prices traded lower ahead of the Doha oil output freeze summit over the weekend. Yesterday the Bank of Canada (BoC) held rates unchanged at 0.50...

What is most amazing about the current “manufacturing recession” is that it has occurred while automobile production has remained rather stout. That would suggest the state of production...

I love conspiracy theories. They help to explain puzzling developments that don't make much sense unless there is a conspiracy behind them. The conspiracy theory du jour is that at the February 26-27...

Retail-LessDespite all of the cheering by the mainstream media that the economy is “doing great” and “no recession” in sight, a look at small business sales trends and retail...

Headlines announced on March 16 that Japan had held its negative interest rate steady at negative 0.1 percent. But markets have missed the nuanced changes made by the Bank of Japan’s governor...

US stock market advanced on Wednesday as investor confidence was boosted by better than expected JP Morgan earnings report while oil declined. Gains in financial stocks led the broad market index as...

As expected, the Bank of England's policy decisions were non-events as it kept both the Bank Rate and stock of purchased assets unchanged at 0.50% and GBP375bn, respectively. Both votes were unanimous...

No one can feign surprise that the Bank of England kept policy steady. Nor was the 9-0 vote truly surprising, though there had been some speculation that of a couple of dovish dissents. Nevertheless,...

FX Quant Strategy provides a quantitative overview of the currency market, including several valuation tools and monitors, focusing on the FX options market.This week we recommend two FX option...

Bank of Canada upbeatAlthough the BoC kept its key rate unchanged at 0.5% yesterday, it nevertheless announced that it had upgraded its growth outlook for 2016 and 2017, citing the positive impact of...