Market Overview

The markets are unsettled. It is not so much in the magnitude of moves as the breadth of the move. The nearly 1% rally in gold is a tell, but also the inability of the equity market to follow the...

EUR/JPYToday’s support: - 124.73 and 124.42 (main), where correction is possible. Break would give 123.99, where correction also may be. Then follows 123.78. Break of the latter would result...

Sterling is on the back foot heading into the long weekend following a YouGov poll showing that the Conservative lead, that had sat at 20 points on the day that the election was called, has fallen...

European equity markets are expected to open a little softer on Friday, weighed down a little by losses in oil, which plunged on Thursday after oil producers delivered the bare minimum cut that...

Developments in the financial markets in the last 24 hours were rather mixed. Firstly, oil prices reversed after the announcement of extension of production cut from oil producers. WTI crude oil...

FTSE flat at 7517DAX -27 points at 12594 CAC -10 points at 5327 Euro Stoxx -8 points at 3576 The WTI tanked more than 5%, as the OPEC extended the production cuts by nine months as expected and overly...

We review the outlook for NOK after the OPEC meeting today.Oil prices plunged 5% after OPEC announced 9M extension of supply cuts pushing EUR/NOK up to 9.42 NOK focus now turns to tug of war between...

It is not just the fear that the investigations into Russia's attempt to influence the US election will distract from the Trump Administration's economic program. It is also that the economic agenda...

After months of delay, the Department of Labor’s fiduciary rule will finally go into effect on June 9. Labor Secretary Alexander Acosta confirmed the rule’s implementation on Monday in a...

In a very short statement, after announcing there would be no change to its monetary policy, the Bank of Canada (BoC) delivered a message that some analysts called “more optimistic than...

Price action in equity markets was a little muted given that it was a public holiday in much of Europe. An upbeat tone following Federal Reserve meeting minutes was turned a little sour by OPEC....

Triangles are favorable patterns that are easy to recognize and offer a lot of opportunities for the short and longer term. In the short term, they provide a nice trade signal depending on the...

S&P 500 hits record high in fifth session of consecutive gainsUS stocks extended gains on Wednesday despite the minutes of Federal Reserve’s May policy meeting showed policy makers agreed...

April was a rough month for housing. For the first time in a year, housing starts and sales of new and existing homes declined for the monthly comparison. The weakness weighed on the year-over-year...