Market Overview

It’s been a slow start to trading on Friday, with the lack of major news flow or notable releases meaning traders are left to digest the events of the last couple of days.Equity Markets Higher...

EUR/NOK. We maintain our near-term cautious view on the NOK as the global business cycle and commodities outlook does not favour the NOK even if Norges Bank is likely to turn 'cautiously hawkish' in...

We're gonna make this a quick daily because myself and about 250 eTorians are about to get on a plane for some much needed R&R.Today's Highlights Bear Season Where's the Support? Market...

The Fed strikes a hawkish tone, hiking rates and setting out its balance sheet reduction......rating the tightening labour markets as more important than recent weak inflation prints. Further...

A calendar of key events in the Commodities Market for the next week.To read the entire report Please click on the pdf File Below

As the market heads into the weekend, the US dollar is trading softer as it consolidates. It is within yesterday's ranges against all major currencies but the Japanese yen.The dollar has made a...

BoJ left monetary policies unchanged today as widely expected. Benchmark interest is kept at -0.1%. Meanwhile, under the yield curve control framework, the central bank continues to target 10 year JGB...

EUR/GBPToday’s support: - 0.8708(main), where correction is possible. Break would give 0.8679, where correction also may be. Then follows 0.8657. Break of the latter would result 0.8640. If a...

Against expectations, the Bank of England (BoE) made another hawkish surprise, as three members voted for an immediate hike and it removed its neutral stance by no longer saying that it can 'move in...

Strong Swedish fixed income market - time to alter positions.EUR/SEK - no incentive for Swedes to holiday abroad. To read the entire report Please click on the pdf File Below

The Consumer Price Index for Urban Consumers (CPI-U) released this morning puts the year-over-year inflation rate at 1.87%. It is substantially below the 3.77% average since the end of the Second...

Here is a table showing the annualized change in Headline and Core CPI, not seasonally adjusted, for each of the past six months. Also included are the eight components of Headline CPI and a separate...

Note: This commentary has been updated to incorporate the May data for Industrial Production.Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is...

The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index,...