Market Overview

This morning's release of the January New Home Sales from the Census Bureau at 494,000 disappointed general expectations. The MoM saw a decrease of 9.2%. The Investing.com forecast was for 520K.Here...

Should the US dollar index follow the line of the comparative cyclical pivot with the euro and EUR/USD from 2011, the index will become vulnerable to breaking lower over the next few sessions as...

William White, chairman of the Economic and Development Review Committee at the OECD and former chief economist at the Bank for International Settlements (BIS), says the risks posed by global debt...

Lots of bad news for the bulls today as the bull-bear spread blasted up from -13.5% to just -1.0%. A 12.5 move of bullish behavior and thinking. Then to add to the bad news we saw the flash ISM...

Potential Sornette Melt-Up Set-Up (Green Scenario) There’s now a potential Sornette melt-up set-up on the ES chart. A Sornette melt-up set-up is essentially a megaphone that breaks out upwards...

Brazil’s sovereign rating was cut to junk by Moody’s Investors Service, the last of the major ratings companies to strip the country of its investment grade, as President Dilma Rousseff...

Cohesion between the main oil-producing countries is proving a challenge! Yesterday, Iran called the proposal to freeze oil output "ridiculous" while Saudi Oil Minister Ali al-Naimi stated that...

Large dividend payments in March and April are set to weigh on the Danish current account balance.This is likely to create pockets of EUR/DKK support in an environment that in general we see as...

The UK is watching the pound lose ground on Brexit risks, and the rally toward the bottom is certainly not over.The pound traded below the 1.40 mark against the US dollar for the first time in seven...

US stocks ended lower on Tuesday as the resumption of oil decline once again undermined investor confidence. The dollar was little changed. According to live dollar index data the ICE US Dollar Index,...

Perverse IncentivesWe haven’t written about Australia’s residential real estate bubble for some time (readers may want to check out last year’s post “Australia’s Bubble...

Financial stress in the US continues to trend upward, according to four benchmarks published by Federal Reserve banks. The numbers overall suggest that stress in the financial system is at the highest...

The S&P 500 was last near its all-time highs in mid-July 2015. Since then, what do you think has been the worst-performing sector of the U.S. stock market?You may have guessed the energy sector,...

There are no significant economic releases for the euro area today apart from France consumer confidence.In the US non-manufacturing PMI is due for release. In terms of the housing market, new home...