Market Overview

European markets are higher today despite the fact that Greece is dragged back in the headlines by the IMF. Investors are optimistic this morning and willing to move on after a heavy sell-off, which...

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...

Asian equities recover mildly from yesterday's slump, following crude oil's rebound. WTI is back at around 36.9 at the time of writing, comparing to this week's low of 35.24. Nikkei is fluctuating...

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...

Following the explicit path of orthodox monetary and economic theory delves into something very much like Lewis Carroll’s monstrous rabbit hole he devised for Alice all the way back in 1865....

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...