Market Overview

by Pinchas CohenKey EventsFederal Reserve Chair Janet Yellen yesterday reiterated the Central Bank's outlook for a December rate hike, irrespective of the Dudley-Evans argument—whether inflation...

• The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the...

Robert L. Reynolds, president and CEO of Great-West Financial and Putnam Investments, was a pioneer in the 401(k) business for Fidelity Investments in the 1980s and 1990s. In From Here to Security:...

Yellen reveals little on policy; tax reform in focus Fed Chair Yellen revealed almost nothing new on policy yesterday, reiterating that the shortfall in inflation this year remains largely a mystery....

The risk sentiment has not fully recovered following the latest North Korean crisis and the Kurdish referendum. However, investors move away from the safe-haven holdings. Money doesn’t flow into...

More central banks are joining the 'exit' camp.We now expect the Bank of England to hike in November. Risks to yields are skewed increasingly on the upside. EUR/USD still higher longer term, but...

FTSE +10 points at 7295 DAX +20 points at 12625 CAC +11 points at 5279 Euro Stoxx +6 points at 3540The US dollar is better bid as the Federal Reserve (Fed) Chair Janet Yellen hinted at one more rate...

The tax reform movement and "dovish" statements from Trump respited the US markets, which followed flat closing. The tax reform possibility is a win-win strategy for Trump and Wall Street. If it...

Yellen Says Fed Needs Gradual Rate Hike Despite Soft Prices. The U.S. dollar was underpinned by remarks from Fed Chairperson Yellen on the need to continue with rate hikes, she also clarified that it...

EUR/GBPToday’s support: - 0.8754 (main), where correction is possible. Break would give 0.8741, where correction also may be. Then follows 0.8723. Break of the latter would result 0.8708. If a...

Market movers today In the euro area, figures on M3 money growth and loan growth for August are due. In July, M3 growth was reported at 4.5% y/y, which is somewhat lower than the 4.9-5.0% level...

On November 14, 1939, Israel Amter thundered to his large gathered audience that Josef Stalin was “the greatest leader and statesman of our time.” Not content with one mere exaggeration,...

Hear Stephen Moore’s views on NAFTA, the U.S. Federal Reserve, North Korea, as well as some harsh words for China In this interview with SmallCapPower at the MoneyShow Toronto 2017, Heritage...

With today's release of the July S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.3% month over month. The seasonally...