Market Overview

MARKET SNAPSHOT:UP NEXT: TECHNICAL ANALYSIS: GBP/CAD: Confirms change of near-term trend Friday broke above the prior swing high and bearish trendline to suggest a change in trend is taking place....

Among the many things that mystify economists these days, the biggest might be the lingering perception, despite six years of ostensible recovery, that the average person is getting poorer rather than...

European indices are eyeing a strong start to the week, following a positive close in Wall Street on Friday and similarly strong session in Asia overnight. Friday’s late surge came as a result...

Looking at the session for Monday, there isn’t much in the way of economic announcements to move the marketplace. However we do have Core Personal Consumption Expenditure or Core PCE out of the...

US NFP is expected to be around 251K, and with the Feds not likely to change policy for at least the next meeting, today’s NFP report will probably not be a strong market mover unless we get a...

US ISM Manufacturing PMI is a leading indicator, but with Nonfarm Payroll Report scheduled on Friday, a strong surprise today will surely add to the speculation of a strong release on Friday, and vice...

UK Manufacturing PMI is a strong news catalyst for the Sterling, especially considering the timing of the release at the first trading day of the month. If we get a strong/weak surprise, we should...

Hedge fund managers and investors see eye-to-eye on some important subjects, according to a survey by Northern Trust (NASDAQ:NTRS).But the same survey also cautions: there is a termite in the...

Friday's release of the publicly available data from the Economic Cycle Research Institute (ECRI) puts its Weekly Leading Index (WLI) at 131.6, up slightly from 131.2 the previous week. The WLI...

The ECB lowered its deposit rate for banks below zero last year to -0.1% on June 5 and to -0.2% on September 4. The result has been that banks seem to be starting to lend again. This past Friday, we...

Fed Chair Janet Yellen delivered her speech on policy normalisation at the San Francisco Fed conference Friday evening. The speech repeated many of the messages from the press conference following the...

The calendar impacts the investment climate. March 31 ends the month, quarter, and for several countries and companies, the fiscal year. The Easter holiday is typically among the quietest in the...

The additional dollar gains, even if minor - along with Thursday’s Key Reversal days - have destroyed the potential impulsive development. When I first saw this, my first reaction was for a...

Over the past few years, the U.S. Central Bank served as a calming drug by forcing both fundamentals and technicals to take a backseat.One side effect? Markets became lazy and complacent. Traders sat...