Market Overview

Asian markets spiral lower after initial strength as WTI crude oil dip back below 29 handle. Nikkei lost -218 pts or -1.36% while Hong Kong HSI is trading down -130 pts, or -0.7%. Traders were clearly...

Asian markets had another bumpy session and a similar session is ahead for European markets. This is despite the fact that we had a solid close on Wall Street. These markets are showing that they are...

CurrenciesEUR/USD: The pair is trading below its downward trend line on a 4 hour time frame. The next support is near the 1.1083 level and the resistance is 1.1487. USD/JPY: The pair has broken its...

According to the Bureau of Labor Statistics (BLS), there were 151,000 net new jobs created in the month of January, and the unemployment rate fell to 4.9%. The continuing increase in new job creation...

The US Federal Reserve Open Market Committee will today publish the much anticipated minutes of its last meeting.These minutes are a detailed account of the last Federal Reserve meeting. As such, this...

Rather than fix what's broken with the real economy, ZIRP/NIRP has added problems that only collapse can solve.The fundamental premise of global central bank policy is simple: whatever's broken in the...

Wednesday’s the busiest day this week for economic reports, including the monthly update on the UK labour market. Later, we’ll see two key numbers for the US: the January data on housing...

Summary: Fund managers' cash in February rose to the highest level since 2001, higher than at any time during the 2008-09 bear market. This is bullish for equities.In the past two months, global...

After gold’s incredible surge last week, it is now facing a critical test that will either prove or negate a new bull market in the yellow metal. The gold ETF SPDR Gold Shares (N:GLD) crashed...

The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index,...

Housing starts are expected to total 1.157 million units (seasonally adjusted annual rate) in today’s January update, according to The Capital Spectator’s average point forecast of several...

That was a bit of a mess of a day. Certainly, for the bulk of the day, the market seemed to be repelled by even the thought of trading. We saw a marginal new low in EUR/USD and marginal high in...

Feb. 17, 2016USD/MAJORS - Boston Fed President Eric Rosengren earlier said that the Federal Reserve should be "unhurried" as it considers when to raise interest rates again given problems overseas and...

In a bit of an off week for top-tier US economic data, traders are likely to focus intently on the release of Wednesday’s FOMC minutes.The extreme market volatility we’ve seen so far in...