Market Overview

Global stock indices and futures made a positive start to the week.London woke up to another sad day on news that a vehicle hit pedestrians past mid-night near the Finsbury Park. Tragic news amplify...

The US dollar gave up some of the gains on Friday as investors booked profit after the markets digested the hawkish statement from the Fed. The FOMC's meeting last week saw the central bank raising...

FTSE +44 points at 7507DAX +81 points at 12833 CAC +39 points at 5302 Euro Stoxx +28 points at 3571 Global stock indices and futures made a positive start to the week. The Wall Street daily rolling...

Last week central bankers took many traders by surprise. It started with the Federal Reserve’s monetary decision on Wednesday. The 25-basis points interest rate hike was fully priced in for...

The economic surprises keep piling up on the negative side of the ledger as the Fed persists in tightening policy or at least pretending that they are. If a rate changes in the wilderness can the...

Phil Kennedy of Kennedy Financial invited me onto his podcast to discuss the latest FOMC comedy show, gold, silver, mining stocks, cryptocurrencies and the housing market.

Yesterday, I noted Undercurrents of Worry on aircraft orders. Today, the New York Times reports After Surge in Orders, Airlines Now Balk at Wide-Bodies. As one of the longest upswings in sales in...

We discuss interest rate differentials, and the Modern Central Bank Theory in considerable detail in this economics and financial market video. I lay out the question in this video which I think is...

Many market analysts are becoming disillusioned with this market. At first they were enjoying the ride higher, but more and more market professionals are turning bearish.My assessment is bullish but...

Recent data has been weaker than projections. Last week, auto sales dipped and the latest employment report was somewhat disappointing. This week retail sales, industrial production and housing starts...

Good news continue on the global front: both the Financial Times “Nowcasts” and the World Bank are projecting slightly above trend global growth. This shouldn’t be surprising. EU...

Key Points: After a strong prior week, the AUD looks ready to extend gains. Fundamentals were largely responsible for recent bullishness. Technical bias is also rather bullish. The Aussie Dollar...

(from my colleague Dr. Win Thin)EM FX was mixed Friday to cap off a mostly lower week. Obviously, we're seeing a bit of a washout in EM after the hawkish FOMC. Market was overly complacent and very...

It is a light week for economic data from the G7, and for the reports that are on tap are unlikely to change the consensus scenario in the aftermath of major central bank meetings in the first half of...