Market Overview

SNB to fight CHF strength with all means, possibly incl. QE Trust the ‘SNB put’: won’t allow dips much below 1.05 in EUR/CHF We buy EUR/CHF spot for a 1.1000 target, stop at 1.0250...

We continue to monitor Russia -- one of the two catalysts that could disrupt Europe’s happy new QE party (the other, of course, is Greece and its continued teetering on the edge of a Euro...

When Fed Chair Janet Yellen commented last July about biotechs whose valuations were “substantially stretched,” we took it with a grain of salt. High valuations in the space are normal,...

Last May, China announced the formation of a new development bank in Asia, to be initially bankrolled by China and to compete with the Asian Development Bank (ADB), whose governance is U.S.- and...

We read carefully the comments by Fed vice-chairman Fischer -- the eminent, wise, and experienced central banker. Mr. Fischer believes that U.S. rates will probably rise late in late 2015. Rates will...

Our expectation for non-farm payroll for March is 230,000, which is slightly below consensus. This is a somewhat weaker pace of job growth than over the previous six months, but if sustained in coming...

It's time to take another look at the recent developments in China's equity markets as major indices hover near the highs we haven't seen since 2008. Source: Investing.com With property markets in...

Echoing statements I have made many times, PIMCO says the single currency area must become a "United States of Europe" in order to secure its future. Please consider Eurozone can't survive in current...

Scientists believe that there have been at least five major ice ages in the Earth’s past, based on geological data and climate cycle analyses. So how much data will it take for economists to...

Last week was hardly a banner week, though it could have been worse and was even encouraging for bulls in some respects. The S&P 500 stands barely positive and the Dow barely negative on the year,...

Last week’s review of the macro market indicators suggested, heading into Spring, College Basketball’s March Madness, the April options cycle and the last full week of March, that the...

The Third Estimate for Q4 GDP, to one decimal, came in at 2.2 percent, unchanged from the Second Estimate. Today's number was a minor disappointment for most economic forecasts, which were looking for...

The University of Michigan final Consumer Sentiment for March came in at 93.0, up from the 91.2 March preliminary reading but down from the final reading of 95.4 in February and the 98.1 level in...

Summary: The Sentier Research monthly median household income data series is now available for February. The nominal median household income was up $178 month-over-month and up $1,409 year-over-year....