Market Overview

In this past weekend’s newsletter, I laid out a case for being “cautiously optimistic” as technical action had improved and short-term buy signals had been triggered. To...

(I have been sick with pneumonia but am just about back. I expect to resume my commentary tomorrow. Here is my overdue monthly column for a Chinese paper. Thanks to everyone for their...

Could the US economy withstand the increase in interest rates in 2016? This is the main issue for the majority of investors.It is well known that the perfect balance of macroeconomic indicators...

US stocks closed lower on Monday as industrials and materials sectors fell following declining oil prices. The dollar weakened with dovish comments from Fed Chair Yellen last week about the need to be...

Forex News and EventsHeads up…Expect Fed comments to drive volatility In an uncertain environment one thing has been certain, Fed comments have driven USD volatility. In what has become...

Traditionally, you would expect that the President would help encourage Americans to have confidence in their financial institutions. While Trump isn’t our President, he’s on a warpath to...

Job growth in March posted a solid gain, inspiring a new round of upbeat comments on the outlook for US payrolls and the economy generally. But newly minted numbers for two multi-factor measures of...

Janet Yellen has gone out of her way to reassure financial markets that the Fed will raise interest rates very slowly, but she would do well to lay out a schedule for rate increases.After keeping the...

USD/SGDToday’s support: - 1.3525 and 1.3500 (main), where correction is possible. Break would give 1.3487, where correction also may be. Then follows 1.3463. Break of the latter would result in...

UK’s dominant services sector expected to pick up some more steam Despite the sensitivity of UK services to business sentiment, this morning’s Services PMI release is expected to reveal...

Market BriefOn Monday, the greenback continued to slide further amid disappointing economic data from the world’s largest economy. Factory orders contracted 1.7%m/m in February, matching...

As expected the RBA stood pat on its overnight cash rate, keeping it at 2% but leaving the door open for additional policy easing on foot of weak inflation levels.The Bank of Japan's governor Kuroda...

Catalysts for change: part one - oil I currently have my eye on three catalysts that I see changing the global market in the second quarter: 1. The oil conundrum 2. Earnings ‘growth’ 3....

In the US, the most important release today is the ISM non-manufacturing index for March. The index has declined for four consecutive months reflecting the slowdown in the economy, which began by the...