Market Overview

Brazil retail sales: not pretty at allApril retail sales printed way below median forecast with a contraction of -0.4%m/m while analysts were expecting an expansion of 0.7% (-3.5% versus -1.8%...

Daily BriefingCurrencies EUR/USD: The pair is consolidating in a side way pattern on a 30 minute time frame. The next resistance is at 1.1341 and the support is at 1.1115. USD/JPY: The pair is...

Today is the most important day of the week with the FOMC meeting setting up the stage of volatility for traders. While you cannot deny that the press conference and the statement will not blind folds...

Greece may still be lurking in the headlines, but today is about the FOMC. With little chance of any hike at this week’s meeting, the focus will be on the press conference and the dot plot of...

Market BriefEuropean equity markets stabilised yesterday, despite escalating tensions between Greece and its creditors. Alexis Tsipras, Greece Prime Minister, declared that the bailout plan presented...

FOMC meeting: What to expect The last three statements from Fed officials were all unanimous, but that could have been only the calm before the storm. The policy statement to be released today could...

With a nod to Thomas Friedman’s 2005 book, The World Is Flat, Daniel Lacalle and Diego Parrilla envisage a time when The Energy World Is Flat and explore, in the words of the book’s...

Sterling stays firm against other major currencies as markets await BoE meeting minutes. The minutes are expected to show unanimous vote for keeping bank rate unchanged at 0.50% and held the asset...

Market Movers The main event is the FOMC meeting tonight. The updated 'dots' will attract a lot of attention and we believe that several members have lowered their expected path for the Fed funds...

Following the collapse of talks between Greece and its creditor institutions on Sunday, all eyes are on Greece over the next couple of weeks. The mass of media reports about developments in the...

EUR/USDToday’s support: - 1.1250, 1.1205, 1.1160, and 1.1115 (main), where correction is possible. Break would give 1.1086, where correction also may be. Then follows 1.1058. Break of the latter...

Looking at the upcoming Thursday session, without a doubt the most important announcement will be the FOMC Statement coming out of the United States. While we do not anticipate any type of change to...

The crowd is increasingly focused on the possibility that Greece may default on its debt. Meantime, the UK will publish a new labour market report, followed by revised data on Eurozone inflation and...

Overall credit markets remained volatile last week as negotiations between Greece and its creditors turned south, which subsequently saw IMF pull out of negotiations. Both Itraxx main and crossover...