Market Overview

European networks of savings banks and co-operative banks are currently reorganising. For some, the aim is to simplify their ownership structure and increase their solvency, for example networks of...

Built around political stability, economic interventionism and openness to international trade, the specific characteristics of Malaysia's growth model have enabled the country to weather the economic...

The Rise of Nationalism Has Changed the WorldLast year, rising nationalism sparked many global events, and is now an established global trend. We saw it especially in Europe. The European...

Since August 2014, bank reserves at the Fed have fallen by $646.6bn, while the sum of cash, checking accounts and deposits held by the public has risen by $1990bn. The fiat money quantity has now...

This week's economic mover and shaker is Friday's employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, the most publicized being the...

The minutes from the last Federal Reserve meeting didn’t throw up too many surprises allowing stock markets to keep an even keel. US stocks opened flat whilst European markets were mixed on...

We have suggested the risk of disappointment with Friday's US December jobs data. There is not a tight fit on a monthly basis between the ADP estimate and the first estimate of the BLS -- the...

Tax Cut RainbowsCan we slow down for just a minute and let a little bit of logic prevail. Wall Street's exuberance over Donald Trump's election, which is ironic because these were the same guys saying...

The economic outlook is always uncertain, but one thing that doesn’t change is the constant stream of recession forecasts. Predicting a slump, in fact, has been a staple ever since the last...

The federal reserve’s meeting minutes were released yesterday. The meeting mainly focused on potential fiscal stimulus from the Trump administration. Many members were fearful that the...

by Eli WrightThe US dollar is markedly lower against a basket of currencies, which has helped lift gold by 0.6% so far this morning. US equities were up yesterday on growth in the auto sector, but the...

There are two main developments today.First, the high degree of uncertainty expressed in the FOMC minutes and the repeated references to the strong dollar spurred a wave of dollar selling. The dollar...

The UK’s services sector expanded at a solid pace in December, on the back of enhanced activity due to the year-end festivities. Solid data revived the Bank of England hawks.The FTSE 100 stocks...

The FOMC minutes published today for the December 2016 policy meeting are being shopped around in much of the mainstream as “hawkish”, or at least a continuation of the...