Market Overview

EUR/JPYToday’s support: - 123.09,122.96 and 122.82 (main), where correction is possible. Break would give 122.65, where correction also may be. Then follows 122.42. Break of the latter would...

Fed hikes, dollar spikesFedmas is over and much like December 25th, it’s all done too quickly and everyone feels a little bit emptier as a result. The Federal Reserve found enough strength in...

Following this mornings retail sales report, the Atlanta Fed GDPNow Model for 4th quarter 2016 GDP dipped to 2.4% from 2.6%. Latest forecast: 2.4 percent — December 14, 2016 The GDPNow model...

Now that Donald Trump has won the election, the Federal Reserve has decided now would be a great time to start raising interest rates and slowing down the economy. Over the past several decades, the...

The Bank of England (BoE) will announce its latest monetary policy at noon in London. The MPC will likely maintain the bank rate at the historical low of 0.25% and keep the asset purchases target...

IntroductionWe have heard a lot of “loose” statements from Trump on what he will do to countries “cheating on trade” when he becomes President. In this piece, I examine the...

One would have liked to see the Federal Reserve’s economic and interest rate projections had they actually had a firmer understanding of Trump’s economic plans and his ability to...

We expect Norges Bank (NB) to keep the sight deposit rate unchanged at 0.50% at today's meeting and over the next 12 months. Economic data has on balance disappointed somewhat over the past months,...

Moody’s expects global pharmaceuticals to be stable in 2017, as cost pressures neutralize gains from rising demand, and modest price increases in U.S. offset single-digit declines in rest of the...

As smart consumers, we generally try to avoid acquiring unnecessary debt – we might take a loan to buy a car or have a mortgage on our homes to afford a good location, but with smaller purchases...

Between late 2014 and November 2016, the markets went nowhere. They made no more than a few, very minor, new highs. It looked like a classic head-and-shoulders, rounded-top pattern, with a break of...

Eurozone Composite PMI projected to inch up in December to highest for 2016 The US consumer inflation rate is set to rise to two-year high for November Core CPI appears to be rising too; it could...

Last December, the Federal Reserve confirmed that it thought its monetary task was nearing completion but under conditions that’s its own data showed were nothing like recovery. In simple terms,...

I grew up surfing in Southern California. Sure, I played baseball and basketball like most other boys along with a lot of soccer but these never really captured me like surfing did. I was eight years...