Market Overview

The latest IMM data cover the week from 7 to 14 July 2015. The latest IMM positioning report shows that speculators added to their bearish EUR/USD post the Greek deal announcement. While the change...

Market Movers Few economic data releases to move markets today. Q2 earnings season continues as more than 10% of the key index companies in the US and Europe have reported. So far the proportion of...

Low-risk, diversified healthcare playPDL BioPharma Inc (NASDAQ:PDLI) is reinventing itself as a healthcare-focused finance company through a two-pronged strategy, investing in royalty streams and...

I have a lot of cricket fans in my office and it is that time of the year again — the excitement during the Ashes is palpable.I can’t count myself as one of them, nor do I have profound...

According to the latest weekly economic survey released by the Central Bank of Brazil (BCB) on Monday, market consensus growth estimate declined from -1.50% to -1.70% for 2015 and from 0.50% to 0.33%...

Market BriefEarly this morning, the Reserve Bank of Australia released the minutes of its July 7 meeting where they maintained the cash target rate at a record-low 2%. The central bank said that...

The mining industry is a very important part of the economy because it is the source of countless resources essential for many businesses to function. Because it plays such a pivotal role, the...

European equity markets are trading flat to higher this morning. This follows a broadly upbeat Asian market overnight with mainland China outperforming. The Nikkei and the ASX are higher; the former...

The euro rose against the U.S. dollar on Tuesday amid optimism after the European Central Bank and the International Monetary Fund confirmed they received their debt installments.The EUR/USD is...

The U.S. dollar traded near its highest level in three months against a basket of major currencies on Monday as Fed Chair Janet Yellen remarks last week wiped out any suspicions the Fed may postpone...

The euro inched up against the U.S. dollar on Monday as Greece reopened banks, amid talks about Greece’s third bailout after the approval of Germany’s Bundestag on Friday.The EUR/USD is...

EUR/USDToday’s support: - 1.0803 (main), where correction is possible. Break would give 1.0777, where correction also may be. Then follows 1.0756. Break of the latter would result in 1.0731. If...

Dollar remains generally firm a relatively quiet markets today with the dollar index holding above 98 handle for the moment. The greenback continues to draw support from view that Fed will hike...

The situation in Greece has stabilized as the banks reopened and the country started to settle its debt obligations to the international creditors.The circumstances in the country are still not of the...