Market Overview

by Pinchas CohenKey EventsThe S&P 500 Index advanced for a sixth day yesterday, closing at yet another record high, as car sales provided a boost to industrial shares. Treasury yields and the...

I'd like to wish all of our clients and colleagues in China a very happy moon day festival. Hope that the night's skies shine brightly on you and all your loved ones.Would also like to wish a warm...

Catalonia resolve sees Spanish stocks dive Stocks in Europe were mixed in early trading on Wednesday. Spanish politics is acting as a drag on the positive read-across from the record highs on Wall...

The recapitalization of Caixa Geral de Depósitos and Millennium-BCP as well as the partial rearrangement of Banco BPI’s portfolio exemplify the initiatives undertaken by Portuguese banks...

USD recovery stalls amid Fed-Chair speculation The US dollar pulled back somewhat yesterday alongside US treasury yields, while all major US equity indices closed at fresh record highs. Although the...

Market SummaryAsian markets were mostly higher Tuesday, with Hong Kong’s Hang Seng making very strong gains as investors played catch-up upon returning from the long three day holiday weekend....

EUR/GBP Today’s support: - 0.8856 and 0.8840 (main), where correction is possible. Break would give 0.8820, where correction also may be. Then follows 0.8786. Break of the latter would result...

FTSE 100 set to open 10 points lower at 7458 DAX set to open 38 points higher at 12,940 CAC set to open 9 points higher at 5376 FTSE to buck trend with weak open Stocks in Europe look set for a...

Market movers today In the US, Fed Chair Yellen is due to give the opening remarks at a Conference Bank seminar tonight. It is scheduled to take only 15 minutes and we do not expect her to express any...

A deluge of market-moving events will take the spotlight on Wednesday, with reports from both sides of the Atlantic set to be released.Europe will see a deluge of PMI reports beginning at 07:15 GMT....

More and more signs of inflation are showing up.In the latest ISM reading (a measure of economic activity in the US), this following tidbit showed up: Factory index climbed to 60.8 (est. 58.1), the...

A quite Tuesday in the markets following a fast-moving risk-on Monday and a busy rest of the week. Germany is closed for a public holiday. The ISM manufacturing index jumped to the highest since 1988...

Auto sales rebounded sharply in September, with most major car manufacturers reporting better numbers. Sales at Ford (NYSE:F) were up 8.9% last month from September 2016; +11.9% at General Motors...

Dollar Rally Fizzles as Market Speculates Over Trump’s Fed Choice. The dollar stepped back from a 1 1/2-month high against a basket of currencies on Wednesday, as the rally triggered by strong...