Market Overview

“I think we would need to see a really significant move up in inflation that’s persistent before we even consider raising rates to address inflation concerns.” – Jerome Powell...

Overview: Investors seem to be catching their collective breath today, and the global capital markets are consolidating recent moves. A notable exception is the Chinese yuan, which has continued to...

Positive surprise the EU PMI data has brightened the mood of the EUR bills again Sharp sell-off in gold had abated Oil traders ignore the inventory data, but worry about tariff...

Headlines the Economic Calendar on Wednesday 1.Service PMI Numbers: Keep your eye on a report on activity in the service sector today. German Services PMI will be announced and it is expected to ease...

Tit For Tat US trade deficit shrank to $52.5 billion in line with expectations, after exports fell 0.9% and imports retreated 1.7% in September. Trade with China took a hit after Washington imposed...

FX Brief: Quiet ranges across the FX space, although most of the action was seen prior to the Asia open following weak employment data from NZ. With employment becoming a mandate for RBNZ,...

U.S. Markets U.S. equities danced around record highs but were little changed Tuesday, however, the S&P 500 skewed lower towards the end of the NY session. U.S. Treasuries have again sold off,...

(Tuesday Market Open) It feels like this elevator only goes up. Once again, the numbers all look green today as optimism about trade and earnings continues. Asian and European markets moved higher...

U.S. futures tune into Wall Street's fresh records European shares lag on profit taking but hold onto Monday's 4-year high Asian valuations hit 20-month high Yields keep surging but head for...

The expected risk premium for the Global Market Index continued to tick higher in October, rising to an annualized 4.8%. The estimates marks a fractional gain over the last month’s estimate....

Overview: The prospects that the US-China deal could include some rolling back of existing US tariffs helped underpin risk appetites. After new record highs in the US S&P 500 and NASDAQ, Asia...

Headlines the Economic Calendar on Tuesday 1. U.S. ISM Non-Manufacturing PMI: The index is based on surveyed purchasing managers, excluding the manufacturing industry. The U.S. ISM Non-Manufacturing...

When David Stockman spoke at our IES conference in October, he had a whole slew of charts that showed that the main street economy had nothing to do with the Wall Street one – and that there...

This morning the Financial Times is reporting that the U.S. administration is considering dropping tariffs on $112 billion of Chinese goods in return for a few goodies from China to get an interim...