Market Overview

Chinese inflation data today confirmed that consumer price inflation is subdued as it stayed at 2.3% y/y in March and inflation ex food prices stayed low at 1.0%. The rise in inflation this year is...

Traders have been met with choppy conditions this morning as earnings season kicks off and the strength of the yen continues to confound.Japanese stocks traded south, Nikkei and Topix lost 1.30% and...

GBP/CADToday’s support: - 1.8268(main), where correction is possible. Break would give 1.8246, where correction also may be. Then follows 1.8228. Break of the latter would result in 1.8195. If a...

Currencies EUR/USD: The pair is trading in an upward channel on a 4 hour time frame. The next support is near the 1.1183 level and the resistance is at 1.1495. USD/JPY: The pair has broken is...

The FX market is about to blow up in the Fed's face, and there's nothing they can do about it. Foreign exchange (FX) is a zero-sum game: if one currency weakens, another must strengthen. Since the...

In an unusual development, sterling is outperforming today. It rose to a four-day high near $1.4230 on what appears to be mostly modest position adjustment in relatively subdued turnover. The $1.40...

Yen opens the week mildly higher against other major currencies. Asian stocks are trading lower with Nikkei trading down -255pts, or -1.6% at the time of writing. Commodity currencies are also...

Global Economy I: The IMF Director’s Speech. It’s official: The New Normal is now the New Mediocre! Christine Lagarde, the managing director of the IMF, isn’t ringing the alarm...

An end to QE would be likely to be the end of the recent outperformance of linkers.Lessons from tapering in the US are not really encouraging. Sell linkers outright, for instance SGBi3108. No surprise...

European stock markets are expected to open slightly lower on Monday, following some mixed trade in Asia overnight and ahead of a quieter start to the week on the economic data side.We got the first...

In Sweden, the week ahead is all about inflation (Tuesday, at 09:30 CEST). Our call is for CPI and CPIF inflation to come in at the Riksbank's forecast but for core measures (e.g. CPIF excluding...

Several Fed members are due to speak this week. While Yellen's last speech has already set the stage, as she put more weight on the downside than upside risks to her outlook, we will listen in...

On July 3, 2016 the new Market Abuse Regulation comes into effect throughout Europe, pursuant to 2014 legislation. The member states have transposed the MAR into national law. Stefan Hendrickx, of the...

Italy’s finance minister, Pier Carlo Padoan, wants to “ringfence” its troubled banks.Padoan called a meeting of the executives of Italy’s troubled banks in Rome on Monday. The...