Market Overview

Bank of Canada: To hike or not to hike? Today, the main event will be the BoC policy meeting, and the forecast is for the Bank to raise its benchmark interest rate by 25bps. Indeed, at the time of...

Yesterday, the US dollar sharply weakened against the euro and the Japanese yen. Participants of the financial markets are concerned about today's speech by Fed's Chairman Yellen. If in her comments...

Trump Jr tweets the latest hurdle for USDIt is the nature of the current politics that it can barge into a trading day and start upsetting the apple cart almost without warning. Yesterday’s...

DOW + 0.55 = 21,409SPX – 1 = 2425NAS + 16 = 6193RUT + 4 = 141310-Year – .01 = 2.36%OIL + .70 = 45.10GOLD + 3.10 = 1218.20BITCOIN – 1.35% = 2300.63 USDETHEREUM – 3.79% =...

The dollar fell to a more than one-week low against a basket of major currencies in late US trading yesterday, after U.S. President Donald Trump’s eldest son released an email chain citing...

AUD/CADToday’s support: - 0.9855 (main), where correction is possible. Break would give 0.9842, where correction also may be. Then follows 0.9823. Break of the latter would result 0.9810. If a...

FTSE +24 points at 7353DAX +20 points at 12457 CAC +6 points at 5155 Euro Stoxx +8 points at 3472 The US investors’ sentiment was hit by news that President Donald Trump’s son exchanged...

Market Movers Today Focus will be on Fed Chair Janet Yellen's semi-annual testimony to congress, which is due to be released at 14:30 CET. Market participants will scrutinise the speech for any hints...

Baby steps away from an easing bias - a small game changer for the SEKWatch out for inflation disappointment this week and a bounce in EUR/SEK We expect EUR/SEK to stay close to the 9.60-9.70 area in...

Note: This commentary has been updated with the latest numbers from last week's Employment Report.Our earlier update on demographic trends in employment included a chart illustrating the growth (or...

The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for June came in at 103.6, down 0.9 from the previous month. The index is at the 93rd percentile...

The latest JOLTS report (Job Openings and Labor Turnover Summary), with data through May, is now available. The first chart below shows four of the headline components of the overall series, which the...

Note: This commentary has been updated with the latest numbers from last week's Employment Report.The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force...

A unified Eurozone versus a US administration looking a little pained and discombobulated after yet another vexing Russia headline was the catalyst to send the euro soaring. As the political drama...