Market Overview

The European session is set for a positive open on Wednesday, buoyed by a rebound in oil prices overnight and some encouraging data from China.Crude Oil has been under pressure over the last couple of...

This afternoon, the minutes from the 15-16 March FOMC meeting are due for release. As Fed communication after the meeting has been extensive, we do not expect any significant news, especially not...

Today at 19:00 London time the FOMC minutes for the last meeting will be published. The release could likely put further downward pressure on the US currency.The US dollar continues to decline as the...

Here’s the interesting set of questions from the “Mish Mailbag” summarized as follows: How Accurate and at What Cost is BLS Data? Why isn’t there a private industry...

One of the epicenters of the global financial crisis that started during the second half of last year is Japan, and it looks like the markets in the land of the rising sun are entering yet another...

British citizens will vote to decide if the United Kingdom should continue to remain in the European Union, or leave it, in a referendum which is to be held on June 23rd, 2016. The European Union is a...

The trend within the EUR/USD has largely been one of strength recently as the venerable pair has seen great buoyancy following the sliding rate hike rhetoric from the US Fed. However, there is a range...

The only common factor on the economy viewed from the mainstream in the past few years is the shrinking standards by which it is judged. Janet Yellen can somehow suggest erratic 2% GDP growth is...

Economists project that industrial activity in Germany will tumble in February Will Eurozone retail spending growth roll on? Sentiment data for March may help Gallup’s survey on US job creation...

Today the Institute for Supply Management published its latest Non-Manufacturing Report. The headline NMI Composite Index is at 54.5 percent, up 1.1 percent from last month's seasonally adjusted 53.4...

The latest JOLTS report (Job Openings and Labor Turnover Summary), data through February, is now available. The first chart below shows four of the headline components of the overall series, which the...

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...