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Market Overview

Another Losing Day For Europe And Asia
By Avatrade - Jun 12, 2013

Asian markets spent most of the session in a deep red territory before recovering some of their losses during the final hours of trading. The Nikkei 225 which has lost almost 16% from its highs of ...

James Picerno
US Retail Sales: May 2013 Preview
By James Picerno - Jun 12, 2013

Tomorrow’s update on US retail sales for May is projected to increase by 0.6% vs. the previous month, according to The Capital Spectator's average econometric forecast. That compares with a 0.1% gain ...

Henry Liu
Ahead Of Thursday's U.S. Core Retail Sales
By Henry Liu - Jun 12, 2013

U.S. Core Retail Sales is usually high impact and extremely tradable, if we get our deviation. Thursday’s Retail Sales would provide another chance for the market to guess what Feds will do next...

Henry Liu
Employment Data May Effect AUD
By Henry Liu - Jun 12, 2013

AU Employment Change is a high impact release that may change the short-term trend for the AUD, as a strong release should bring some buyers into the market, while a worse than expected release could ...

Henry Liu
Ahead of The RBNZ Interest Rate Call
By Henry Liu - Jun 12, 2013

RBNZ Interest Rates will be decided in today’s meeting as Governor Wheeler et al discuss the future policy direction of RBNZ. It’s very likely that RBNZ will keep rates unchanged, but ...

Yen Stays Firm on Risk Aversion
By ActionForex - Jun 12, 2013

The yen is maintaining most of the post BoJ gains that were lifted by risk aversion. The DOW reversed some of this week's rally and dropped -116.6 pts overnight, or -0.76%. The Nikkei followed, ...

George Leong
An Insatiable Appetite For Chinese IPOs?
By George Leong - Jun 12, 2013

The Chinese are coming! Well, not really, but we did see the first Chinese initial public offering (IPO) of the year list on an U.S. exchange yesterday and only the third Chinese IPO since 2011. The ...

Todd Sullivan
The Private Sector Economy: Doing Just Fine
By Todd Sullivan - Jun 12, 2013

One means of understanding the details of our own economy is to dig into the details and see what emerges. Previous notes have focused on various economic trends which indicate economic expansion in ...