Market Overview

We have added the Dallas Fed Texas Manufacturing Outlook Survey (TMOS) focusing on the General Business Conditions Index to our series of regional Fed updates. This indicator measures manufacturing...

Earlier today the Census Bureau posted the Advance Report on June Durable Goods New Orders. This series dates from 1992 and is not adjusted for either population growth or inflation.Let's now review...

The big economic number this week will be the Q2 Advance Estimate for GDP on Thursday at 8:30 AM ET.With the Q1 GDP of -0.2% behind us, what do economists see in their collective crystal ball for Q2...

Economic growth can be like a drug. It can produce a real high, especially if it is laced with lots of debt. Fast growth justifies taking on more debt, and it also postpones the bad side effects of...

Chinese Stock Woes: After what seemed like a settled week, Chinese stocks were back in the news overnight with some massive falls ripping through markets. The Shanghai Composite Index capitulated,...

Amid plunging commodity prices, disappointing earnings on Wall Street and concerns about a protracted slowdown in China, the week ahead features a slew of market-moving events headlined by the Federal...

The Bank of Japan is engaged in the most aggressive asset purchases and yet it has largely failed to lift inflation. National consumer prices for June will be reported at the end of this week. The...

One of the most ironic and fascinating characteristics about an asset bubble is that central banks claim they can’t recognize one until after it bursts. And Wall Street apologists tend to ignore...

While all eyes will be on the Fed’s announcement later this week, keep your eye on Brazil, which releases its policy statement on the same day. CPI increased from 6.5% in July of last year to...

Every so often you come across a post from a trader talking about a specific stock along the lines of "Is there a reason NOT to own XYZ plc?"Whenever I see a question like that, it immediately sets...

In the second quarter, we saw a jump in yields across the board. The yield of 10-Year US Treasuries jumped from 1.9% to 2.4% over the course of the quarter, representing a yield increase of 50 bps....

Global stock indices retreated on Friday. We assume they were driven down by negative macroeconomic data from the USA and the EU. New Home sales slumped 6.8% in June to their 7-month lowest....

The Bank of England’s interest rate decision may be about to get interesting again, after years of predictability.With fears Greece could crash out of the euro zone on the back burner for now,...

EUR/USDToday’s support: - 1.0963 1.0935 and 1.0918 (main), where correction is possible. Break would give 1.0893, where correction also may be. Then follows 1.0867. Break of the latter would...