Market Overview

The trend is your friend. OK, you’ve probably heard that before. But there is a good reason that this phrase is heard so common among traders.For those who were willing to hear what the market...

Investors and traders worldwide are still licking their wounds and are anxious as they face this new trading week. The previous week was filled with brutal losses, with the 500-point drop (equivalent...

After almost seven years of relative calm and stability, a stock market crash is finally upon us.This is a very predictable crash stemming from a very widely known cause. Hundreds of analysts...

US economic output accelerated in July, returning to its historical trend rate, according to this morning’s update of the Chicago Fed National Activity Index’s three-month average...

Speculations of the Federal Reserve increasing interest rates, the first hike in about a decade, has been lingering the global economy for quite some time now. Reports have it that a possible rate...

The big news this week, as we start trading, is the sudden collapse in China's stock market. Stocks in Shanghai lost more than 8% as the Asian markets opened today, signalling a massive failure of...

Asian stocks declined to three-year low, as the slide in Chinese equities accelerated. This, feared by the international investors, could possibly be a sign of a global economic slowdown. The Shanghai...

Global markets tumbled in the context of the continuing fall of the Chinese Stock Exchange, providing high volatility conditions on Forex and commodities markets, in addition to leading indices and...

Forex News and Events Auckland housing market worries RBNZ officials In a speech delivered to the Northern Club earlier this morning, Deputy Governor Grant Spencer shared RBNZ’s concerns about...

Market BriefSell-off in Chinese stock market accelerates as it drags Asian regional markets down. Shanghai Composite erased all of its 2015 gains as it dropped -8.60%, while its tech-heavy...

The global markets are predicting that the macro trend is turning ugly. In China, which is ground zero for the latest round of worries, it’s clear that growth is slowing. Given the size and...

Euro and yen rally as Global stocks slump EUR and JPY are gaining from both, the sell-off in Asian stock markets caused primarily by China’s unexpected move to devalue yuan, and from falling...

Currencies EUR/USD: The pair entered in a resistance of 1.479-1.1535 on a 4 hour time frame. The next resistance is at 1.1880 and the support is at 1.1066. USD/JPY: The pair has pierced the...

The global meltdown in stocks and commodities has continued. China failed to stem the tide by cutting reserve requirements (or interest rates) as many had expected. The U.S. 10-Year yield had fallen...