Market Overview

Tomorrow’s FOMC announcement is arguably the most important Fed event of the past 35 years.It’s a defining moment in Janet Yellen’s career, and so I’ve dubbed it...

As the monetary world prepares for the monetary equivalent of D-Day, it bears reminiscing about the true lack of confidence that permeates away from the direct public front of the central bank. Yellen...

Industrial production in China accelerated in November to 6.2% from an abysmal 5.6% in October. As per usual, any similar change is met with assurances that this time, unlike all prior, everything is...

In the past week, two readers, one of them a blogger, professed to "know" something that cannot possibly be known."Epocalypse" Now The first person, an economic blogger, tells me a global economic...

Given the upcoming FOMC meeting, it's worth revisiting some of the mechanics around the rate hike. The FOMC is fully expected to lift the Fed Funds target range by 25bp - from 0-25bp to 25-50bp.The...

Institutional investors generally see the coming year, 2016, as a good year for equities, but … they are concerned about volatility, macroeconomics and geopolitics.So say those who responded to...

Note: With the release yesterday of the latest Consumer Price Index, this commentary has now been updated to include the Real Retail Sales data for October.Official recession calls are the...

Summary: Fund managers' asset allocations in September and October indicated the most bearishness since 2012. It was a strong contrarian bullish set up for equities, especially in the US, and equities...

Wednesday the 16th of December at 17:00 UTC, the Federal Open Market Committee (FOMC) is to announce decision on Fed Interest Rates and few minutes later to proceed with a press conference from...

For the typically lackluster mid-December time period, most major markets are still relatively liquid and volatile, and traders continued engagement can be chalked up almost entirely to...

Housing starts are expected to rebound to 1.100 million units (seasonally adjusted annual rate) in Wednesday’s November update, according to The Capital Spectator’s average point forecast...

NZD/USD is showing limited movement on Tuesday, as the pair trades at 0.6750 in the North American session. In economic news, the New Zealand GDT Price Index posted a gain of 1.9%. Later on Tuesday,...

We revise down our expectations for the number of Fed hikes. We now expect three hikes in 2016 (previously four) while we still expect four hikes in 2017. The reason we now expect one hike...

The Australian dollar has posted considerable losses on Tuesday, erasing most of the gains the currency picked up a day earlier. In the North American session, AUD/USD is trading slightly below the...