Market Overview

Closing the book on Q4 2016 balance sheet capacity is to review essentially forex volumes. The eurodollar system over the last ten years has turned far more in this direction in addition to it...

Puerto Rico has collapsed financially and has “filed for the equivalent of bankruptcy protection”.When this was announced on Wednesday, it quickly made front page news all over the planet....

The Composite PMI estimate for Eurozone Q2 GDP should point to stronger growth But no change is likely for March retail spending in the single currency area However annual retail spending in the...

The Institute of Supply Management (ISM) has now released the April Non-Manufacturing Purchasing Managers' Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 57.5...

The April US Services Purchasing Managers' Index conducted by Markit came in at 53.1 percent, up 0.3 percent from the March estimate. The Investing.com consensus was for 52.5 percent. Markit's...

The Fed brushed off a weak first quarter and that was seen as a signal that Yellen still intends to hike in June. The US dollar led the way while the Australian dollar lagged to a 3-month low....

A combination of improving US economic data and a confident sounding Fed steering a steady path to a June rate hike has provided the market with some food for thought overnight.On the US economic...

The Federal Reserve dislikes surprising the market and it refrained from doing so on Wednesday. Policy was unchanged and the Fed saw the weakness in Q1 as being transitory. There were no dissents and...

Volatility still missingA wait-and-see approach took hold in stock markets on Wednesday where modest losses unwound some of yesterday’s gains. Stock-market volatility remains close to the lowest...

SPX Monitoring purposes; Long SPX on 4/24/17 & 2374.15. Monitoring purposes Gold: Neutral Long-term trend monitor purposes: Neutral. Above are the Cumulative Cash Flow Bear + money...

Overview: Daily FX Wrap: FX ranges extremely tight, but FOMC ahead keeping many on the side-lines, as the US payrolls stats on Friday. EU-UK exchanges over negotiations ahead not looking acquiescent...

FX Quant Strategy provides a quantitative overview of the currency market, including several valuation tools and monitors, focusing on the FX options market.This week we recommend one FX option trade:...

The CAD certainly made liars out of us who were calling for a quiet trading day yesterday. Faced with mounting negative pressures and having to deal with crude oil down more than 2.4%, the loonie gave...

"When beggars and shoeshine boys, barbers and beauticians can tell you how to get rich, it is time to remind yourself that there is no more dangerous illusion than the belief that one can get...