Market Overview

Market BriefIt’s done. The IMF has decided to include the yuan in its Special Drawing Rights basket. The Chinese currency would occupy a 10.92% weighting, more than the Japanese yen and the...

The U.S. dollar remains a very powerful force… If you had to point your finger to one instrument driving the bus for all the others, then the U.S. dollar has to be it. Its strength comes from...

European markets are trading higher as we kick start one of the favourite month of trading for investors. There is always a lot optimism amid traders in December as they look forward to Santa rally....

Major U.S. benchmarks slid on Monday amid declines in the health and consumer sectors as investors keep a keen eye for news from the Federal Reserve regarding a change in the current interest rate...

Aussie rebounds strongly today after RBA left the cash rate unchanged at 2.00% as widely expected. The central bank maintained a mild easing bias with a neutral stance. That is, "outlook for inflation...

I continue to watch the discount between Australian equities, the local currency and the commodities market.Iron ore printed a new decade low at US$42.97 a tonne yesterday (A$59.41 is also a decade...

Global economic trade is down 8.4 percent so far this year. Among the many economic indicators that experts use to gauge the health of the world economy, the Baltic Dry Index (BDI) usually goes...

While this week’s biggest events come towards the end of the week – ECB monetary policy decision, US jobs report and OPEC meeting – there are a number of economic releases due today...

The S&P 500 closed November with a monthly gain of 0.05% which follows a 8.30% gain in October. All three S&P 500 MAs and three of the five Ivy Portfolio ETF MAs are signaling "Invested". In...

The initial estimates for Black Friday spending are pretty grim; you can make that interpretation based only on the press releases themselves as neither of the words “strong” or...

Via translation from La Vanguardia, Euribor at Historic Lows, Mortgage Interest Drops by €166 Per Year.The 12-month Euribor, on which most Spanish mortgages are based, closed the month of...

It's never a bad thing to see a market unwind from overbought conditions, especially in this particular environment, because the market is tougher and tougher these days, thus, the concept of buying...

China has taken great strides towards making their financial markets freer with the goal of gaining reserve status for the yuan. The IMF has obliged and will include it in its SDR basket. But is the...

Want To Know The Weather? One of the easiest ways to understand the weather is to look out the window. With the market assigning an “almost a done deal” probability of 78% that the Federal...