Market Overview

The US dollar cannot get out of its own way, it seems. With a light economic schedule, there is little to offset the continued drumbeat of troubling political developments. The latest turn, as...

Political risks in Europe ease after Macron win.US politics cause concern. UK election has important implications for Brexit negotiations. Yields set to range trade in 2017 and to increase in 2018. To...

EUR/JPYToday’s support: - 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 123.53. If a...

Manchester attack dents sterling slightlyNaturally focus here in the UK has fallen on the events in Manchester overnight and this will continue as the police conduct their investigation. The pound...

During the session on Tuesday, we get several announcements coming out of Europe that could move the marketplace, almost all of which have to do with PMI figures. We also get new home construction...

1) Fundamental Today: The Markit Manufacturing PMI will be released for both France and Germany. The manufacturing sector dominates a large part of GDP. Results above 50 will be bullish signals for...

Euro stays firm against Dollar and Sterling in Asian session but is losing some momentum against commodity currencies. Strength of the common currency is built upon optimism on Eurozone's economic...

Risk appetite was dampened after news of the bomb blast in Manchester that killed more than twenty people late on Monday night. Sterling weakened immediately after the reports, while safe haven assets...

Market movers today In the euro area, focus will be on the PMI figures and whether they can continue upwards, in contrast to the weakness in manufacturing PMIs observed in the US and China in recent...

German Ifo survey data to dip slightly for May’s current conditions index Softer growth for retail sales via the UK CBI Distributive Trades Survey for May Economists see new US home sales...

On December 3, 1999, Enron Communications announced that the company had begun operations selling bandwidth as an energy commodity. After publicizing the venture in May that year, it seemed natural...

Will “Smooth Brexit” Assumptions Satisfy Lawmakers?Tuesday’s Inflation Report Hearing promises to be one of the standout events this week, as Bank of England Governor Mark Carney...

We discuss Price Action in a downtrend in this market video, describing what is really going on behind the scenes, why price behaves the way it does, and how to avoid one of the biggest traps in...

Last week was said to be about buying dips, or perhaps the resilient stock market shrugging off Trump troubles to focus on how great the economy really is. It wasn’t. Most of last week’s...