Market Overview

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 a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment. But...

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...

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...

Gold prices are slightly higher on Tuesday, following sharp losses a day earlier. In the North American session, the base metal is trading at $1212.69 an ounce in the North American session. In...

As the prices for nickel and oil plunged in 2015, so did Sherritt International’s prospects of emerging on the other side of the commodity oversupply abyss. Sherritt’s main businesses are...

The first two trading days of this week have been marked by the return of some positive risk appetite. While one can cite many factors for this – bargain-hunting, positive US economic statistics...

New York Forex Report: After a solid rebound higher yesterday, oil prices have turned sharply lower over the early European session today, driven by reports that the Saudi Arabian Oil Minister is...

Yesterday, it was European Central Bank President Mario Draghi’s turn to be grilled as he appeared before the EU Parliament. Much like Janet Yellen last week, Mr. Draghi said that he was...

Let’s take a look at the German shares index (FDAX) first. Since yesterday was a holiday (which could also observed in the DAX), there was not so much movement. In the big picture we have...