Market Overview

We are revising selective currencies in light of our view that Fed rate hikes will be postponed to December and the oil price collapse. We have been stopped out of our long-held short EUR/USD trade in...

North American markets did not close well yesterday, and the Nikkei and Shanghai Composite sold off today. However, the magnitude of yesterday's moves sapped the market's aggressiveness. European...

German business confidence unexpectedly rose in August as companies brushed off concerns that China’s slowdown will drag on the nation’s economic growth.The Ifo institute’s business...

The sums wiped out in the global stock markets yesterday have reached billions, as the panic of China’s equity turmoil extended across the world.The Dow Jones Industrial Average, one of the most...

EUR/USDToday’s support: - 1.1395, 1.1363 and 1.1340(main), where correction is possible. Break would give 1.1306, where correction also may be. Then follows 1.1283. Break of the latter would...

The US markets had a volatile wide overnight. DJIA tumbled more than -1000 pts in early trading, following the global selloff. Bargain hunters and short covering than helped the index pare back much...

Talking Points:Aussie Dollar Gains, Yen and Euro Fall as Risk Aversion Takes a Breather German, US Economic Data in Focus as Market Selloff Seeks Fresh Fodder The Australian dollar outperformed in...

El-Erian: "Selloff Won't Derail the Economy" Mohamed El-Erian, former CEO of Pimco spoke with Bloomberg TV's Olivia Sterns and Alix Steel about the selloff in stocks and the implications for Fed...

Despite the huge surge in market volatility the past three days and the tumultuous drop in US equities, these moves tell us nothing about the state of the US real economy. China is having its...

Canada – In June, wholesale trade grew 1.3% to $55.3 billion. Five of the seven broad subsectors (representing 86% of total sales) registered gains, led by motor vehicle and parts (+3.0%) and...

U.S. and Eurozone stock markets got slammed on Monday as global uncertainty over China pushes traders towards safe-haven investments. Despite the fact the Asian shares managed to move away from...

Asia bounces back after “Black Monday”Asian stocks obtained some respite after yesterday’s brutal sell off. Chinese stocks continued their declines, initially opening down over 6%,...

European markets are expected to pare Monday’s losses when they open this morning following similar moves in Asia overnight. That said, not all indices have experienced the same respite and...

Summer beach time is now over…Time to keep the kids and your portfolio indoors. Collapsing oil and Chinese equity markets continued to damage emerging market currencies and global equity...