Market Overview

Euro area HICP inflation surprised on the downside as it remained unchanged at 0.1% y/y in November (consensus and Danske Bank 0.2% y/y). Core inflation was also weaker than expected as it declined to...

Up! Buy the dips! What could possibly go wrong? A hell of a lot, actually, so investors might want to take precautions before, rather after, bad things happen to one’s portfolio. We take a stab...

On Friday, I gave an overview of the Trans-Pacific Partnership (TPP) deals and how the proposed changes will affect the United States.I also revealed one American company poised to benefit from those...

Euroarea HICP inflation is expected to rise from 0.1% y/y to 0.2% y/y in November with core inflation flat at 1.1% y/y, in line with consensus, markets are still very much expecting that Draghi will...

The anticipation is nearly over. The softer than expected preliminary EMU inflation figures encourages expectations for the more aggressive range of actions by the ECB tomorrow. Draghi has claimed...

While the bulk of this week’s key economic events will happen in its final 48 hours – ECB decision, U.S. jobs report and OPEC meeting – there are a number of important economic...

Waiting on MarioThe pre-event malaise that falls over currency markets in the lead-up to big announcements is starting to creep in. A poor US manufacturing release yesterday afternoon twinned with...

Dollar weakened mildly overnight on comments from a Fed official as well as disappointment from manufacturing data. The dollar index is trading back below 100 handle for the moment but stays well...

Today’s flash estimate for Eurozone inflation will be closely read ahead of tomorrow’s policy announcement from the European Central Bank. Later, the ADP Employment Report will provide...

Against expectations, ISM manufacturing in November declined to 48.6 in November from 50.1, which is the lowest level since June 2009. It is the first time since 2012 that the ISM manufacturing index...

The latest IMM data cover the week from 17 to 24 November 2015.IMM positioning data released yesterday reveal the fifth consecutive week of bearish EUR builds sending speculative positioning in the...

The data yesterday has clearly put a chill through short positions in the AUD against all major pairs apart from the NZD. The EUR, GBP, CAD, CHF and JPY were sent packing by 1% or more, to go with the...

Despite the strong performance of US equities, Asian markets got off to a rocky start after the big miss in the US ISM PMI threw some questions up around the inevitability of the December Fed rate...

In November, the Dow Jones Industrial Average rose .2%, the S&P 500 was flat, and the NASDAQ composite increased .8%. The United States economy continues to grow at an annual rate in the range of...