Market Overview

The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for May came in at 104.5, unchanged from the previous month. The index is at the 96th percentile...

The Fed will likely raise rates for the fourth time since the financial crisis tomorrow. However, will these be the last time they do so this year?The consumer has created a downward pressure on the...

by Pinchas CohenKey Events Asia stocks climb, breaking tech selloff Pound flat; election announcement gains almost erased Oil recovers; first repeated gain in 3 weeks Investors look to Fed...

Tuesday June 13: Five things the markets are talking aboutOvernight, equities have advanced as the global selloff in technology shares showed signs of easing, while sterling has found some support as...

The US dollar is trading with a heavier bias against all the major currencies save the Japanese yen. The Scandis and Canadian dollar are leading the move. Sweden reported a 0.1% rise in the headline...

Following Macron’s landslide victory in French presidential election, the euro spiked to its highest levels in more than six months. The risks to survival of the single currency have finally...

The clear focus has been on tech and whether the moves we saw on Friday could turn into something more pronounced and longer-term. We have seen a modest pickup in implied volatility, with the US...

NZD/USDToday’s support: - 0.7203, 0.7174 and 0.7157 (main), where correction is possible. Break would give 0.7132, where correction also may be. Then follows 0.7112. Break of the latter would...

The inflation in the UK rose by 0.3% month-on-month in May, versus 0.2% expected by analysts. The headline inflation rose to 2.9% y/y from 2.7% and the core inflation advanced to 2.6% from 2.4%...

The French economy now seems to be in better shape than it was five years ago, but the improvement has been limited. Growth has picked up, but still lacks vigour. Although progress has been made to...

Canadian Dollar jumps sharply overnight as boosted by comments from a top BoC official that raises prospect of a rate hike. Senior Deputy Governor Carolyn Wilkins said in a speech that adjustment to...

The FOMC meeting is scheduled for Wednesday, and the markets are likely to remain flat in the near term. The economic calendar was light yesterday. In the UK, politics continued to bring uncertainty...

The Canadian dollar was one of the top performing major currencies after gaining on hawkish comments from a Bank of Canada official. The pound remained soft while the dollar index was little changed...

Market movers today We have some quite important data releases in Scandinavia. In Norway, Norges Bank will publish the Q2 Regional survey (its preferred gauge of economic activity), which should paint...