Market Overview

US factory orders rose 2.7% exactly matching the Econoday Consensus.As with the trade deficit, economists got this number correct because of the advance report. Thus, this rise will not impact GDP...

December marks the one-year anniversary of Chipotle Mexican Grill Inc (NYSE:CMG) founder Steve Ells’ highly publicized apology...As you probably remember, an estimated 491 people became...

Key Points: Australia posts negative GDP result of -0.5% q/q. Interest Rates likely to decline 50bps to 1.00% in 2017. Watch for AUDUSD depreciation below the 70 cent handle in the medium-long...

The ECB does not include Greek bonds in its sovereign bond purchase operation. However, the progress is being made, and it is possible that starting early next year, the ECB will buy Greek...

It was hardly a constructive day – but then I hadn’t really expected any spectacular moves. I’m not really expecting much today. We appear to be in a temporary lull, not just in...

“Unsustainable things continue until they stop.” That is how Herb Stein answered Richard Nixon when Nixon asked about economic timing.The financial and economic construction of the EU and...

Forex News and EventsMixed outlook keeps RBA side-lined After testing the key resistance at $0.7489 (Fibonacci 38.2% on November debasement) - this is the second time in the past week that AUD/USD...

US futures are trading flat as we approach the open on Tuesday, following a largely mixed session in Europe where traders already have one eye on the ECB meeting on Thursday in the absence of any...

Italian referendum impact lasts hoursThe Italian shock lasted about 3 hours yesterday morning and the euro found itself stronger on the session alongside European debt and global equities. Chaos and...

A trading link has been opened between the Hong Kong and Shenzhen stock markets on Monday. The news was overshadowed by the Italian referendum and Trump’s twitter rant criticising Chinese...

GBP/CADToday’s support: - 1.6828 and 1.6782 (main), where correction is possible. Break would give 1.6740, where correction also may be. Then follows 1.6706. Break of the latter would result...

“It makes you feel happy like an old time movie.” – The Lovin’ Spoonful, Do You Believe in MagicThe stock market did indeed back off a bit last week, not that it means really...

by Eli WrightTo everyone's surprise, “Quitaly,” the rubric bestowed on the result of Italy's “no” vote during Sunday’s constitutional referendum, didn’t have the...

Stride Gaming PLC (LON:STRST) has a clear focus on online bingo and soft gaming and is growing rapidly, with FY16 l-f-l revenue up 22%. The acquisitions of Tarco and 8Ball at the end of FY16 doubled...