Please try another search
Last week, Derek Scissors, a think tank analysts at the American Enterprise Institute, published an article in which he referred to an October, 2014, study by Credit Suisse that attempts to measure...
Greenback RalliesAlthough this week is a short one for most of us, it’s certainly likely to be an interesting one as we seek to determine whether the bearish pressures affecting the greenback...
Forex News and Events RBA leaves room for rate cut The publication of the RBA’s minutes from the May meeting shows that the Bank left the door wide open to further monetary policy easing move....
Daily BriefingCurrencies EUR/USD: The pair has broken upward trend line on a 60 minute time frame. The next resistance is at 1.1435 and the support is at 1.1128. USD/JPY: The pair has broken its...
European markets are trading higher this morning as the bond yields have resumed their course of action and have started to move lower as normal. Much of the positive momentum is filtered from the...
We continue the International indices update with the European indices that made bear market lows in 2012. These three indices were the most severely impacted by the European debt crisis of 2011/2012....
UK now in deflation but only temporarilyUK CPI inflation was in deflation in April as the annual growth rate in the consumer price index fell to -0.1%, down from 0.0% in March (Danske Bank: 0.1% y/y,...
Tyler Cowen has a piece in the NY Times from this past weekend discussing the potential that the US economy will never return to “normal”. The article implies that the US economy could be...
Summary: Some good news about the US economy, and a cautionary note about popular investment advice. It’s a bit technical, but explains important matters seldom mentioned. (1st of 2 posts...
EUR/USDCurrent level - 1.1191 The bias here remains bearish after today's break through 1.1290 support and the current slide is targeting 1.1050 area. Key resistance on the upside is projected at...
Coeure's dovish comments boosts European equity indicesIf there is one thing that is evident from today’s early activity on the newswires it’s that the ECB is determined to see the euro...
Let's start with US energy markets where oil and gas drilling activity has collapsed. While this decline in drilling is a bullish sign for crude oil, it's important to note that the oil cost curve...
The US dollar is broadly higher as yesterday's gains are extended. The driving force is not so much a shift in perceptions of the US economy, though the San Francisco Fed that claimed seasonal...
Bankers have always been an easy target, but during the financial crisis they were vilified. Even as we claw our way back towards some semblance of economic normalcy, the reputation of bankers remains...
• What is the end game for Greece? I wrote yesterday that this was the endgame for Greece. How is it likely to play out? • The big fear in the markets – the “nuclear...