Market Overview

There are probably quite a few of you reading this article who do not remember the old "Memorex" commercials when "cassette tapes" were THE recording technology of the day.It was yesterday's release...

The three-month average of the Chicago Fed National Activity Index (CFNAI) is expected to slip a bit deeper into negative territory in the April update that’s scheduled for tomorrow (May 21),...

Yesterday we reported separately on the latest residential building permits and housing starts in the government's report for April data, courtesy of the Census Bureau and the Department of Housing...

The Department of Transportation's Federal Highway Commission has released the latest report on Traffic Volume Trends, data through March."Travel on all roads and streets changed by 3.9% (9.8 billion...

Yesterday’s developments were predominantly as expected with precise hits in EUR/USD, USD/CHF and EUR/JPY while close in AUD/USD. It was just GBP/USD and USD/JPY that were a little off track....

Has the US dollar put in a final intermediate cycle bottom? The S&P 500's double failure to break out to new highs, and bearish engulfing candle is a high-alert signal of a possible intermediate...

Summary: Investor opinions have become extremely uniform. By some measures, they are the most uniform in 25 years. In the past, this has corresponded to a period where equities have lacked significant...

Let the excessive extrapolation and analysis of the vague transcriptions from a month-old meeting of ivory tower academic economists begin! Heading into today’s FOMC minutes release, traders...

Two months ago, crude oil's 2-month rolling return was -40% at (1) above. At that time, crude had declined nearly $70 in the prior 9 months, trading near $45. It was easy to find people predicting...

After a couple of tough months, the real estate sector south of the border appears to have gotten back on its feet in April, notching its strongest monthly growth in 7 years in terms of both Housing...

Volatility in the currency markets, bond markets, and stock markets likely has a lot of people on Wall Street feeling a bit worn out. Taking a summer vacation in the Hamptons might just be their best...

The rule of thumb is that central banks prefer not to be seen as interfering with markets unless they are out of sync with fundamentals or preventing policies from being effective.The recent global...

Forex News and Events EUR/USD’s last week consolidation is over and we now stand at a turning point. Yesterday EUR/USD debasement - triggered by Benoît Cœuré’s comment...

Consumer prices may not be deflating as quickly as Labour’s electoral chances did earlier this month, but — even after £300 billion of quantitative easing — price deflation for...