Market Overview

US futures are trading higher as traders are taking their cue from European markets. It has been a stout weak for the equity markets and most of the gains were made on the back of the oil rebound, as...

CurrenciesEUR/USD: The pair has broken out of the side way pattern towards the upside on a 4 hour time frame. The next support is near the 1.1083 level and the resistance is 1.1350. USD/JPY: The pair...

The DAX30 index is solidly trading below the downward trend line on a daily time frame. This confirms that the trend is skewed towards the downside. The price is trading well away from this trend...

Gold: Still Above Strong Psychological Barrier Of 1,200The minutes from the Federal Reserve meeting showed policymakers worried that a global slowdown and financial market selloff could hurt the US...

The EU and the UK officials meet in Brussels to negotiate Britain’s place in the EU today. David Cameron is hoping to reach an agreement on three critical subjects 1. That EU treaties should be...

Market BriefIn Asia, the Australian dollar felt the heat as the latest job report surprised substantially to the downside. The unemployment rate returned to 6.00%, missing the median forecast of 5.8%,...

The latest run of the Danske G10 MEVA model shows that USD has received fundamental support in recent months against EUR, GBP, AUD and NZD. This said, MEVA continues to signal that the greenback is...

While it was unclear exactly how to interpret the statement as per usual, the minutes were definitely to the dovish side and based on the minutes it is hard to see another hike at least until June.In...

Asian stocks have flown out of the gate and there almost feels like we could be seeing the start of FOMO (Fear of Missing Out) trading. To many, losing money is only moderately worse than missing an...

A common problemLast night’s Federal Reserve minutes were not too much of a game changer. Indeed, as we mentioned in the lead-in to their publication it was going to be difficult for these...

The United States Federal Reserve published the minutes of January’s interest rate decision.It was expected that the FOMC would take into account the events since the December interest rate rise...

Development in oil prices remained the main driver in the financial markets. Iran showed supports on the deal between Russia and some OPEC members to freeze oil output. Yet, it refrained from joining...

DOW + 257 = 16,453SPX + 31 = 1926NAS + 98 = 453410 Y + .04 = 1.82%OIL + 2.35 = 31.39GOLD + 8.10 = 1209.40Three in a row; three up days, and good moves at that. If you believe the old adage that every...

Industrial production fell 0.7% in January 2016 which was slightly better than the (revised) -1.9% estimated for December. It was, however, the third consecutive month showing a decline and, more...