Market Overview

You can read part 1 here. Global Data Highlights Monday, May 25, 2015 22:45 GMT New Zealand Trade Balance (April) The mood in New Zealand hasn’t been too positive lately as many of the...

US CPI, Yellen restore dollar’s uptrend Friday’s announcement of a faster-than-expected rise in the core US CPI, coupled with some hawkish comments from Fed Chair Janet Yellen, have...

Market overview - Greece still in focus - Appreciation pressure on the DKK has eased - We still expect the Fed to hike rates in September Theme: when markets correct and liquidity dries up ...

Following the positive inflation data from the U.S, the dollar continued to rise against most major currencies ending the week in positive territory. The Core CPI rose 0.3% for the month, its highest...

Last Week’s Recap EUR/USD sold off last week as the FOMC Meeting Minutes and strength in U.S. core inflation made a case for Fed tightening with both economies reporting mixed economic numbers....

Tough, currency manipulation penalties contained within the draft of the Trans-Pacific Partnership (TPP) may sound the death knell of the trade pacts approval by the Obama Administration. In recent...

Introduction Large bank fines for manipulating currency rates are in the news. One reaction is “great, the bank regulators are finally cracking down with heavy fines.” I have a different...

Canada – The consumer price index fell 0.1% in April, allowing the year-on-year inflation rate to drop to 0.8%, the lowest since November 2013. In seasonally adjusted terms, CPI also fell 0.1%,...

The first thing that we would have to mention is that Monday is the Memorial Day holiday in the United States, so that of course will greatly influenced the liquidity and motion of the markets for the...

EUR/USDToday’s support: - 1.0958 and 1.0936(main), where correction is possible. Break would give 1.0907, where correction also may be. Then follows 1.0884. Break of the latter would result in...

In Sweden, the week ahead is full of interesting new information and tension is likely to build during the week, culminating with Q1 15 GDP (Friday at 09:30 CEST), where we have pencilled in an...

One way or another the crisis in Greece is highly likely to come to a head in June.Greek finances are in such sorry shape it needs a third bailout or it will be unable to meet payment obligations in...

The Bureau of Labor Statistics released the April CPI data this morning. The year-over-year unadjusted Headline CPI came in at -0.20% (rounded to -0.2%), down from -0.07% (rounded to -0.1%) the...

Note: This commentary has been updated to include the Real Retail Sales data for April.Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is...