Market Overview

Euro area economic confidence data for December is released at 16:00 CET. Consumer confidence has been trending downwards since March 2015 but unexpectedly improved in November. We expect another -...

CurrenciesEUR/USD: This pair is trading below its 20 day moving average on a 4 hour time frame. The next support is near the 1.0635 level and the resistance is 1.1006. USD/JPY: The pair has formed a...

Market BriefAsian equity markets diverged overnight as we head into Christmas week. The PBoC set USD/CNY lower for the first time since December 3rd to 6.4753, down from 6.4814 on Friday. The Shanghai...

• Today: Eurozone’s preliminary consumer confidence index for December is expected to have decreased.• From Sweden, we get the economic tendency survey for December, but no forecast is...

The FTSE 100 surged to 6113 as London started trading in thin liquidity conditions before Christmas holidays. Thin volumes and choppy price action are expected to be on the agenda this week, even more...

Monday’s a slow day for economic news. The main event for Eurozone data is the monthly update of consumer sentiment from the European Commission. For the US, the Chicago Fed updates its...

U.S. stocks extended their declines on Friday, closing the week with losses and concerns over tumbling energy prices and the possible impact it could have on banks with high exposure to leveraged...

Financial repression authority Daniel Amerman returns this week to discuss the ramifications of the Federal Reserve's first interest rate hike in nearly a decade: The key to understand the situation...

Good friend Michael Pollaro just sent a couple of charts that show the US economy heading for a brick wall. The first illustrates what happens when business sales (the green line) turn negative. In...

It rather seems that the troubles for the Euro area are never ending and the election in Spain over the weekend has just reminded us of this element once again. The Spanish election outcome has...

Immediately after the Fed hiked interest rates last Wednesday – after sitting at 0% for 7 years – markets acted pretty much as one might expect. The Fed tightens monetary policy when the...

The incoming economic reports ran two to one negative over the last two weeks, continuing the trend we’ve seen all year. That’s one of the worst two week stretches we’ve seen all...

Oil prices continued their descent on Monday as production remains near record levels and signs that US shale producers are withstanding the current slump in prices. The number of active oil rigs in...

The Swedish National Institute of Economic Research (NIER) is due to release the December business and consumer confidence surveys and a new economic forecast.The Swedish winter has been pretty warm...