Market Overview

The US dollar was hammered last week, and there is little from a technical or fundamental perspective to suggest near-term movement in the direction of our longer-term forecasts. The escalation of...

The coming week is looking to be a relatively quiet one with only a handful of major data releases to keep traders occupied. Inflation data out of Japan and the flash PMI readings for the Eurozone...

Market movers ahead In the US, the FOMC minutes from the May meeting may give more insight into what the members think about the timing of the next Fed hike and quantitative tightening. The week...

EquitiesUS equities are recovering slightly after Donald Trump’s FBI folly, which shed 1.8% off the S&P 500 this week. The S&P 500 closed 0.4% higher on Thursday, after the biggest...

It’s been one of the quieter days of the week so far in terms of major news flow or economic data and yet, equities are anything but flat as we near the US open, with the events of the previous...

Political uncertainty for the US is on the rise, but economic risk remains low. The turmoil surrounding President Donald Trump raises questions about the viability of his administration’s...

In the previous editions of the Market Overview, we wrote about the reflation trade. We analyzed the important signals of the uptick in economic activity and inflation all over the world, arguing that...

The words are powerful as is the concept. “Obstruction of justice” is a term in law. Here is a reference by the Cornell Law School.Here are the operative sentences that are now altering...

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

Judging from investors' reactions, the only thing worse that than the low volatility environment is when volatility spikes higher, as it did yesterday. Higher volatility is associated with weakening...

Thank goodness it’s Friday in the Wall Street Daily Nation!On Fridays, I abandon long-winded analysis in favor of carefully selected graphics. Sometimes charts can say things that words...

Global stocks displayed subtle signs of stability during Friday’s trading session as investors re-evaluated the explosive Trump developments which rattled financial markets this week. Asian...

Politics continues to be the dominant driver of financial markets, although some traders were caught in a mini flash crash overnight in GBP/USD, which fell 90-odds points in a minute. For...

EUR/JPYToday’s support: - 123.30 (main), where correction is possible. Break would give 123.00, where correction also may be. Then follows 122.74. Break of the latter would result 122.53. If a...