Market Overview

How will the Euro react to the first round of the French presidential elections?As we inch closer to summer, the European political agenda comes into focus. After a long and arduous campaign trail,...

We have seen somewhat of a turnaround session in U.S. trade, where we could see a number of key markets setting up firmly on the bearish side during Asian trade yesterday.Granted, the bulk of...

Easter has arrived, and with it, a four-day holiday weekend in many parts of the world that gives investors, analysts, and the public at large time to pause, reflect, and become optimistic about the...

Market movers today Focus this week continues to be on political risks. The situation regarding North Korea (see below) as well as the first round of the French presidential elections on Sunday will...

The latest IMM data covers the week from 4 April to 11 April 2017

The US dollar is consolidating the gains scored late in the US session yesterday in response to a Financial Times interview with US Treasury Secretary Mnuchin who seemed to play down the strategic...

Missiles up, dollar downWhile North Korea’s missile tests over the weekend may have turned out to be failures markets are still pricing in a significant amount of fear from geopolitical moves...

As the UK and European traders are back from the Easter break, the attention shifts to the next critical political event in Europe, the French election.The first round of the French political election...

Dollar and US equities came back from holiday stronger. The markets are looking through the geopolitical uncertainties in North Korea. Instead, they listened to comments from US Treasury Secretary...

Truth is a rare commodity on Wall Street. You have to sift through tons of dirt to find the golden ore.For example, main stream analysis of the Fed’s current monetary policy claims that it will...

First quarter GDP in China rose 6.9%, better than expected and above the government’s target (6.5%) for 2017. It stands to reason, however, that if Communist officials thought they could get...

Retail sales growth in February 2017 was going to be low by virtue of its comparison to February 2016 and the extra day in that month. The Census Bureau’s autoregressive models are supposed to...

Excess reserves of depository institutions peaked at $2.7 trillion in August of 2014. By December of 2016, excess reserves fell to $1.9 trillion but have since climbed back to $2.2 trillion.On October...

Note: With the release of March Retail Sales and the Consumer Price Index, we've updated this commentary to include the latest Real Retail Sales.Official recession calls are the responsibility of the...