Market Overview

The CAC has posted small gains in the Friday session. Currently, the index is trading at 5,368.00. On the release front, there is only one event in the eurozone. Retail PMI improved to 52.7, its...

Dollar is trading mixed as markets are turning their focus to employment data from US today. Non-farm payroll is expected to show 180k growth in April. Unemployment rate is expected to climb back to...

Political risks are fading in Europe with Macron likely to become the next president of France.Economic momentum looks strong in the euro area. However, PMI indicators are pointing to a softening of...

Inflation surge in AprilMinutes, Prospera and Budget New target variable - but no interval Market discounts too big resolution fee effect in FRADEC17 EUR/SEK - vol-selling strategies for the...

Financial stress in China is on the increase again as regulatory tightening squeezes shadow banking. Continued stress is a downside risk for growth and should be watched carefully. We continue to look...

In the US, the “Trump” effect is fading as the new president finds difficulties to pass measures at the Congress The economy is doing well anyway, boosted by external demand and higher oil...

Asian stock indices traded south. The sell-off in oil, metals and commodities deepened and increased the anxiety across the global financial markets. Japan was closed.Hang Seng (-0.84%) and Shanghai...

The main event today is the US jobs report for April. We estimate nonfarm payrolls rose 170,000 in April, a bit below consensus of 190,000 but in line with the employment growth in the ADP jobs report...

Output is a function of how many hours are being worked and productivity. Ahead of Friday's US employment report, let's look closer at these two variables.The average weekly hours worked in the US has...

Despite all the market-friendly US political headlines hitting the wires early in Asia, the collapse in oil prices saw WTI plunge as the market continues to probe for a bottom amid oversupply...

Investors are under-estimating inflation risk. As a consequence, they are under-pricing inflation protecting assets including precious metals.The Federal Reserve has given itself the objective of...

European stocks pin hopes on MacronGenerally well-received large cap earnings led the way in European equities, where political risk was priced out further in the run-up to the French election. A...

Receive FRA SEP17 and MAR18 against paying DEC17 @ -19.5bp. P/L: -8bp/-25bp. In both 2015 and 2016 the market pushed 3MSTIBOR fixings considerably lower in December amid year end resolution fund fees...

Here is the opening statement from the Department of Labor: In the week ending April 29, the advance figure for seasonally adjusted initial claims was 238,000, a decrease of 19,000 from the previous...