Market Overview

Donald Trump’s election is having profound ripple effects across the global economy.Japan is among the early beneficiaries of the president’s policies. The Land of the Rising Sun recently...

Theresa May given a free handLast night, both houses of parliament passed the so-called ‘Brexit Bill’ unamended – meaning there are to be no assurances given to EU citizens currently...

Suspension of the US debt limit expires tomorrow and we may enter a period with renewed fiscal uncertainty in the US. Estimates suggest the Treasury will run out of money in the autumn. We do not...

As expected, last night the House of Commons voted down both amendments to the Article 50 bill passed by the House of Lords. Also as expected, the House of Lords backed down when the bill returned to...

FTSE 21 points at 7388DAX +15 points at 12005 CAC +10 points at 5010 Euro Stoxx +8 points at 3423 The UK’s Parliament gave Theresa May the permission to trigger the Brexit. The Brexit Bill is...

The financial markets are generally staying in tight range in Asian session today as traders await the heavy-weight events later in the week. US equities ended mixed overnight with DJIA closed down...

EUR/NZDToday’s support: - 1.5361, 1.5348, 1.5311 and 1.5300 (main), where correction is possible. Break would give 1.5287, where correction also may be. Then follows 1.5262. Break of the latter...

We expect to see a continued improvement in the German ZEW indicator, which is due to be released today. Later, US producer prices are due out but are unlikely to have much impact on markets.The main...

As a candidate, Trump took a hardline position. China is manipulating its currency. The Federal Reserve is acting to help Clinton get elected. The jobs data is fake.Over the past week, each of these...

Most Americans do not understand this, but the truth is that the Federal Reserve has far more power over the U.S. economy than anyone else does, and that includes Donald Trump. Politicians tend to get...

We are at the stage ten years later where it is still necessary to define terms. In every finance and economics textbook, the chapter on monetary policy defines “tight” money as when the...

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...

“There are apparent disconnects between the positive assessment of economic prospects reflected in market valuations and forecasts for the real economy.” – OECD Interim Outlook,...

On the whole, yesterday saw pretty much as I had expected – apart from one pair, that being GBP/USD. That’s the tougher outcome because it’s almost open ended, washing around in a...