Market Overview

Anticipation of a sharp downward revision in Q1 US GDP has seen the dollar's gains trimmed a bit, though it has gained against all the major currencies this week. Rather than expand in the first three...

Each week I read dozens of transcripts from earnings calls and presentations as part of my investment process. Below is a weekly post which contains some of the most important quotes about the economy...

We do not expect a policy change or new signals at the upcoming ECB meeting. Focus will be on the following topics. PSPP implementation - CSuré already pre-announced summer front-loading...

Let's take a look at the latest developments in US energy markets where we continue to see larger than expected drawdowns of crude oil inventory. However, while crude oil stocks continue to slide on...

Talking Points: NZ Dollar Swoons Amid Building RBNZ Interest Rate Cut Speculation Unexpected Swiss GDP Drop Fuels SNB Easing Bets, Punishes Franc US Dollar May Weaken as GDP Downgrade Weighs...

Talking Points:US Dollar Hits Monthly High as Rally Extends for 5th Day S&P 500 Waiting for Cues After Backing Off Record High Crude Oil Drop Pauses at 4-Month Support, Gold Stalling US DOLLAR...

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...

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...

Chalk up another €5 billion in capital flight from Greece in April. Total eurozone exposure to Greek currency liabilities now sits at €115 Billion, not counting accelerated capital flight in...

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...