Market Overview

US ISM Non-Manufacturing PMI is a leading indicator and we should see plenty of market reaction if we get a surprise release today… Considering the US service’s sector encompasses over...

US ADP NFP Employment Change is usually a good representation of Friday’s BLS Nonfarm Payroll Report, but since we have both PMI’s and the ADP ahead of the report, it is important to...

UK Services Purchasing Manager Index is a market mover, especially when the market is eager to see the climate after Brexit, and considering PMI’s are leading indicators, we should see good...

US ISM Manufacturing PMI are back to be scheduled in the same week with Nonfarm Payroll Report, therefore if we get a strong surprise, we could see sustained market trend following the release all the...

AU RBA Interest Rate Decision today is likely a no surprise as central bank officials are expected to keep rates unchanged. In the highly unlikely event of a surprise, we should see violent market...

UK Manufacturing PMI has the potential of changing short-term GBP trend but with Brexit already triggered since last week, market’s reaction will be very important to gauge sentiment. At any...

Monday April 3: Five things the markets are talking aboutGlobal stocks and the “mighty” dollar are starting Q2 on a positive note despite investor caution ahead of the first...

The value of international diversification was on display from a US perspective in March as foreign stocks and bonds topped the performance list for the major asset classes last month. Markets in the...

EUR/AUDToday’s support: - 1.3995, 1.3971 and 1.3944 (main), where correction is possible. Break would give 1.3922, where correction also may be. Then follows 1.3908. Break of the latter would...

Trump meets Xi on ThursdayThis week is a week of political cat and mouse as meetings and negotiations and the positions therein are scoped out, prodded, poked and in other ways parsed. Chinese...

The forex markets opened the week relatively quietly with the exception of Australian Dollar. Aussie dives broadly after weak retail sales data and stays weak ahead of RBA rate decision. Meanwhile,...

Consumer confidence is booming in America.Well, let me clarify… A peek at the chart of the official Consumer Sentiment Index paints a picture of booming confidence. But charts can sometimes be...

USD/JPY has been heading south after the March rate hike. Will non-farm payroll push USD/JPY back above 112?Less hawkish Fed statement last month, diminishing hopes on Trump’s economy boosting...

Market movers today Today, ISM manufacturing for March is due out in the US. ISM manufacturing has soared over the past couple of months, emphasising that there is progress in manufacturing. In the...