Market Overview

Yen recovers mildly after suffering steep selloff against dollar today. Released from Japan, national CPI core came in at 0.3% yoy in April, slightly higher than expectation of 0.2% yoy. That was...

We expect non-farm payrolls of 220,000 in May, which is almost in line with the April reading. It is especially the job creation in the service sector that drives our forecast up, while manufacturing...

EUR/USDToday’s support: - 1.0935, 1.0905 and 1.0874(main),where correction is possible. Break would give 1.0784, where correction also may be. Then follows 1.0845. Break of the latter would...

Market MoversIn the euro area we expect M3 growth to have increased to 4.9% y/y in April, from 4.6% y/y in March. For the first time since 2012, we forecast a non-negative annual growth rate in credit...

Several factors speak in favour of Swedish interest rates in general and the 5y segment in particular. We see reasons to buy Swedish 5y bonds in spread against Germany (or receive SEK vs EUR). It is...

The US GDP numbers are by far the most important announcements coming out during the course of the session on Friday, so we believe that most of the market will focus on the US stock markets as well...

It’s been a very mixed week in the markets with much of the focus being on Greece and the ongoing battle between the optimistic debtors and far more pessimistic creditors.On a number of...

Partnering with Nordstrom (NYSE:JWN) for credit cards “You would have seen our recent announcement about our program agreement with Nordstrom, to purchase their existing U.S. Visa and...

USD Timeout:Good Morning Traders. Both end of the week and end of the month so stay alert for any end of month flows as we head into the weekend.We saw a little bit of that yesterday with some USD...

The average economic expansion since the 1940s is roughly five years. The current recovery? We are now at the six-year mark. Yet there’s a problem with today's environment that few are willing...

U.S. futures are slightly lower ahead of the open on Thursday, tracking losses made in Europe as officials pour cold water on yesterday’s reports that creditors had started crafting a staff...

Earlier this week Fed Vice Chairman Stanley Fischer laid out the conditions for raising interest rates. “The tightening of US policy,” he said in prepared remarks for a speech in Tel Aviv,...

While ECB finds low probability risk as a whole for the Eurozone in the biannual report, it pushes the alarm for Greece, noting that the expectations of a bankruptcy have significantly increased in...

A New 15-Year High In TokyoJapanese equities rose today for the 10th consecutive day, with the investors estimating that the profitability of exporters will improve after the jump of the dollar...