We have updated our privacy policy and terms & conditions. Find out more here.

Market Overview

Danske Markets
EUR/NOK Targets 8.10 In 1M‏   
By Danske Markets - Sep 18, 2014

As widely expected, Norges Bank kept the policy rate unchanged at 1.50%. However, Norges Bank no longer sees a probability of a rate cut in 2015. This was a surprise for the market given that the ...

David Kotok
The Fed And The Media
By David Kotok - Sep 18, 2014

We know the Fed meeting results; the coverage has been exhaustive. Note that the new “dots” analysis of the median dot now points to an expected 1.375% Fed Funds target rate by the end of 2015. (See ...

John Rubino
Is Citigroup The Dumbest Bank Ever?
By John Rubino - Sep 18, 2014

Back in 2006, when the housing bubble was entering its truly (and obviously) manic phase, mega-bank Citigroup Inc (NYSE:C) was being pressured by Wall Street to grow faster. And rather than pushing ...