Market Overview

European futures are pointing to a positive start to the session on Thursday, buoyed by decent gains in the U.S. overnight and the dovish minutes from March’s FOMC meeting on Wednesday.While...

As expected, the FOMC minutes from the March meeting were a non-event and contained no significant news. As a result, the market reaction was quite limited. Usually, the FOMC minutes are eagerly...

Catalysts for change: part two – earnings growthIt’s going to be a busy month with US earnings season beginning next week, and in earnest the week after, the Australian bank earnings...

The recent slide in Germany’s 10-year bond yield leaves rate close to all-time low US jobless claims are expected to decline for the first time in a month Bloomberg’s US Consumer Comfort...

Yen continues to rise against other major currencies partly helped by comments from prime minister Shinzo Abe and the more dovish than expected FOMC minutes. USD/JPY took out 110 handle this week and...

Whenever the topic of recession comes up, the mainstream and especially economists (redundant) become quite defensive about the possibility. Just a few days ago, presidential candidate Donald Trump...

Here is a summary of the four market valuation indicators we update on a monthly basis.The Crestmont Research P/E Ratio (more) The cyclical P/E ratio using the trailing 10-year earnings as the divisor...

A longtime reader (and friend) forwarded me a chart from a well-known technical analyst showing the recent correlation between TIPS (via the iShares TIPS Bond (NYSE:TIP)) and gold; the analyst also...

The dependence of the Russian ruble on international oil prices decreased though it has not disappeared completely. Ruble becomes cheaper due to the ongoing Brent quotations fall. Such trend on...

US stocks fell on Tuesday as concerns about slowing economic growth weighed on market sentiment. The dollar weakened, hitting 17 month low against the yen as investors sold off riskier assets opting...

Forex News and EventsFX markets await FOMC minutes The US dollar has been trading on the back foot since the last FOMC meeting as the Federal Reserves turned out more dovish than anticipated by the...

Exports fall flatIn a rare development, the Canadian dollar ended the day in the red while crude oil gained ground, likely due to the release of Canadian Trade Balance figures that came in...

The Federal Reserve will be back in focus again on Wednesday as we get the release of the minutes from last month’s FOMC meeting and get the up-to-date views of a few policy makers. While the...

The US dollar is better bid today but remains largely in the ranges seen in recent days. There a few developments to note, which together are lifting European equities after Asian equities...