Market Overview

The Japanese yen flexed some muscle on Wednesday but was unable to consolidate these gains, as USD/JPY trades at the 114 line in the European session. In economic news, it’s a busy day in the...

The Russian Saudi agreement on a production freeze woke other producers up. OPEC President Mohammed al-Sadi is meeting in Tehran with ministers from Iran, Venezuela and Iraq. The market is expecting...

To no one’s surprise, an eventual agreement on crude oil seems less and less likely, as Iran is refusing to commit to limiting its production. Now that sanctions on the country have been lifted,...

US stocks ended higher on Tuesday while oil declined despite an agreement between Saudi Arabia, Russia, Qatar and Venezuela to freeze output if others do the same. The dollar strengthened mostly due...

EUR/NOK . Although the NOK is substantially undervalued from a long-term perspective, the short-term outlook continues to be tied closely to how the economy is doing, to oil price developments and to...

Washington policymakers—and their colleagues abroad—have pursued reckless and irresponsible economic policies. The chickens are coming home to roost, and the Federal Reserve could easily...

The hectic moves in the financial markets give little visibility to investors who clearly prefer to sit on cash positions. According to the BAML February Fund Manager Survey, investor cash balances...

A fairly uneventful session in Asia, with S&P 500 futures starting to roll over somewhat, although the market still feels like it can push to the February high of 1940 (1947.2 in the cash market)....

Market BriefIn spite of an improving risk environment, equity indices kept moving lower during the Asian session as the PBoC set the USD/CNY fixing higher to 6.5237, up 0.16% compared to yesterday....

Investment by Norton Reamer and Jesse Downing (Columbia Business School Publishing, 2016) is a sweeping history, organized both chronologically and thematically. Just to give an idea of the...

Sterling slips on oilDespite a pick-up in inflation and a generalised run higher in equities, sterling was unable to build itself higher yesterday, falling at some rather irritating hurdles. GBP/USD...

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...