Market Overview

CurrenciesEUR/USD: This pair has broken its 50 day moving average 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...

If you are thinking that if there is any element which one can say is mutual between the European Central bank and the US Federal Reserve bank is this that they are meeting for the last final time...

On November 9, the OECD issued its twice-yearly Economic Outlook statbook, updated for projections into Q3 for most national economic accounts. Despite past enthusiasm for global prospects in 2015,...

One of the most important banks in the western world says that the 7th largest economy on the entire planet has entered a full-blown economic depression. Brazil’s economy has now contracted for...

Look out below, for even with bloated federal spending, the real economy has hit stall speed. What do we mean when we say the U.S. economy is at stall speed? Stall speed refers to the air speed and...

Sell the rumour, and buy the news! The rumour was a possible IMF decision to include the yuan as a component of its SDR. The news is out, and the news is good; the IMF has decided to include the yuan...

For the past few years we've been following a couple of transportation metrics: Vehicle Miles Traveled and Gasoline Volume Sales. For both series, we focus on the population adjusted data. Let's now...

Was the March 2009 low the end of a secular bear market and the beginning of a secular bull? At this point, six years later, the S&P 500 has set an inflation-adjusted record high based on monthly...

Private nonfarm payrolls in the US are projected to increase by 179,000 (seasonally adjusted) in November over the previous month in Wednesday’s update of the ADP Employment Report, based on The...

Despite forecasts of 49.9 from the latest manufacturing PMI report in China, results disappointed yet again by releasing at 49.6 – a fourth straight month of contraction and the lowest level of...

US stocks retreated on Monday on disappointing Thanksgiving holiday sales while investors awaited central bank policy decisions. The Dow Jones Industrial Average fell 0.44% and the Nasdaq Composite...

It is official. The Chinese yuan will be in the SDR. At a 10.4% share, it is a bit more than I expected, but less than the 14%-16% share that the IMF staff intimated a few months ago. This is a...

CurrenciesEUR/USD: This pair is trading in a downward channel 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 is trading in a side...

The European Central Bank is going to hold a meeting about the continuation of European monetary policy this upcoming Thursday, but what can we expect? I'm not only asking this question regarding some...