Market Overview

Today, the attention of the financial market participants will be directed to statistics on the labor market in the United States. Yesterday, a preliminary report from ADP was published, which turned...

The main release today is the US jobs report for June. We expect employment rose 180,000 due to strong ISM and Markit PMI employment indices but yesterday's ADP jobs report puts some downside risks to...

Yen tumbles broadly as global bond rout continued and pushed yields higher again. German 10 year bund yields broke 0.5% level for the first time since January 2016. Meanwhile, US 10 year yield jumped...

Today is a fixed income story, with the ramifications of the trends developing in both nominal and ‘real’ (or inflation adjusted) bond yields having increasing bearings in equities,...

Central Banks and Geopolitics Pressure DollarThe US dollar is lower against most of the majors as a host of central banks have joined the Fed’s hawkish club in words if not in actions. The...

The Institute of Supply Management (ISM) has now released the June Non-Manufacturing Purchasing Managers' Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 57.4...

In this morning's ADP employment report we got the June estimate of 158K new nonfarm private employment jobs from ADP, a decrease over May's 230K, which was a downward revision of 23K. The popular...

There is much noise but June inflation was probably low.We look at the Riksbank and money-market rate spreads. Reading the Markets Sweden will now take a break for a few weeks. To read the entire...

SPX Monitoring purposes; Short SPX 6/26/17 at 2439.07. Monitoring purposes Gold: Long GDX (NYSE:GDX) on 6/22/17 at 22.36 Long-Term Trend monitor purposes: Neutral. A possible “Three Drives to...

The economic mover and shaker this week is Friday's employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, the most publicized being the...

Here is the opening statement from the Department of Labor for NonFarm Payrolls: In the week ending July 1, the advance figure for seasonally adjusted initial claims was 248,000, an increase of 4,000...

During yesterday's trading, the US dollar showed a variety of trends relative to major world currencies. The FOMC protocol showed that the representatives of the Federal Reserve did not see eye to eye...

Summary: The FOMC minutes release which showed the Fed is still divided over on the timing of when to begin shrinking its massive balance sheet disappointed the Dollar bulls, although the officials...

As we enter the business end of the week, the US will be in focus with a large number of data scheduled to be released including some important labour market numbers and surveys on the services...