Market Overview

The much anticipated ECB meeting is at hand. Yesterday's disappointing eurozone CPI figures only fanned the anticipation. Today the service PMI was softer than expected at 54.2, down from 54.6.What...

CurrenciesEUR/USD: This pair is trading below its downward trend line on a 4 hour time frame. The next support is near the 1.0518 level and the resistance is 1.0899. USD/JPY: The pair has formed a...

The Euro-Complex is under decent selling pressure before the critical European Central Bank meeting and President Draghi’s press conference. It is fair to say the market is expecting...

Now the gap between real house prices and real earnings is even wider than it was during Housing Bubble I.We know two things about housing bubbles: they always pop—with devastating...

As the year comes to a close, the markets await two monumental decisions. It is thought by many and priced into the market that the European Central Banks, Governing Council have already agreed upon...

Another month, another pivotal central bank meetingToday’s European Central Bank meeting is once again expected to see Mario Draghi and the Executive Council add stimulus to the economy via...

While yesterday's job data gave the greenback a lift, the momentum was brief as dollar pared back much of the gains after comments from Fed chair Janet Yellen. In short, Yellen emphasized that the...

The Big Day has arrived and investors are looking at one element, which is, can the president of the European Central Bank can deliver which he promised. Mario Draghi, the president of the European...

It is all about the ECB today. We expect Draghi to deliver a new 'menu' of aggressive monetary easing consisting of: a 20bp deposit rate cut accompanied by a two-tier deposit rate system, stronger...

Asian shares followed US markets down as a weak round of regional services PMIs only added to further negativity in equities. The US dollar continued to rally through the Asian session as expectations...

After the US ISM PMI slipped into contractionary territory yesterday some doubt was cast over the inevitability of a December Fed rate hike. However, the ADP employment out overnight seems to have...

The GDP statistics for Brazil as of Q3 2015 were worse than expected in every way imaginable. Real GDP fell 4.5% Y/Y, which is nearly double the worst quarter Brazil experienced during the Great...

For the tenth straight week, dating back to the week just before the global liquidations in August, reported domestic crude inventories increased. At 489.4 million barrels, the current level of oil...

As Fed Chair Janet Yellen yapped about the strength of the US economy in a speech to the Economic Club of Washington, the US dollar index briefly surged above a level set in March, to a high last seen...