Market Overview

Sober Look
Markets Expect June Action From The ECB
By Sober Look - May 14, 2014

Economic sentiment in Germany showed another decline this month, as measured by the Centre for European Economic Research (ZEW) Index. This is a widely watched indicator and it further raised ...

Matt Simpson
Snapshot: NY and UK Markets - 13 May
By Matt Simpson - May 14, 2014

A snapshot view of yesterday’s New York - London session with technical notes... FOREX: AUD/USD  Riskshaw Man Doji following 'budget day' - bias remains bullish above 0.9320.EUR/USD  1.37 target ...

James Picerno
Retail Sales: An Interpretation
By James Picerno - May 13, 2014 1

Retail Sales Stall In April, But The Trend Remains Upbeat Retail sales slowed to a crawl in April vs. the previous month, rising a slim 0.1%, the US Census Bureau reports. Excluding gasoline, retail ...

Marc Chandler
Wednesday's A Big Day For The UK
By Marc Chandler - May 13, 2014

Sterling peaked last Tuesday just below $1.70. It has since recorded lower highs in each of the five sessions since. This seems to reflect some profit-taking by weak longs. Others appeared to ...

Larry Doyle
Open Letter To Tim Geithner
By Larry Doyle - May 13, 2014 1

Dear Tim, Congratulations on the release of your book. I assure you that I will read it and review it here at my blog. Given your positions formerly as head of the New York Federal Reserve and ...

Europe Up Ahead Of German ZEW Data
By Avatrade - May 13, 2014

Another day and another record finish on Wall Street, and the same momentum is filtering into the European markets. This momentum is unstoppable at-least for now and the equity markets only want to ...

Marc Chandler
2 Catalysts Drive U.S Dollar Advance
By Marc Chandler - May 13, 2014

The US dollar has turned a little better bid, but activity remains subdued and ranges narrow. There are two catalysts today.First, the German ZEW survey disappointed, though it consistent with recent ...

Saxo Bank
German ZEW, US NFIB Optimism Index & Retail Sales
By Saxo Bank - May 13, 2014

After a muted start to the week, the number of economic releases is picking up and today's updates include the ZEW sentiment survey data for Germany. We’ll also see how the mood is faring in the...

David Merkel
Illusory Investment Income
By David Merkel - May 13, 2014

Yield is an illusion, whether it comes from stocks, Real Estate Investment Trusts (REITs), preferred stocks, bonds, loans, limited partnerships, etc. Yield from investments is not the same as being a ...

Technical Trading
Daily Forex And Dow Jones Recommended Levels: May 13, 2014
By Technical Trading - May 13, 2014

EUR/USD Today’s support: - 1.3723 and 1.3714(main), where correction is possible. Break would give 1.3693, where correctio also may be. Then follows 1.3668. Break of the latter would result in ...

Matt Simpson
Daily Insight
By Matt Simpson - May 13, 2014

ASIA ROUNDUP: Ausssie dollar (AUD) remained relatively subdued in the lead-up to the budget report, however drifted lower after Home Loans and Housing Price Index both fell short of consensus and ...

Yen Extends Pull Back As Dow Hit Record High
By ActionForex - May 13, 2014

The yen remains the weakest currency this week and extends the pull back on strong risk appetite. Investors shrugged off the situation in Ukraine and pushed the Dow to new record close of 16695.47 ...