Market Overview

Thursday December 8: Five things the markets are talking aboutCan Draghi afford to rock the boat today given what’s happened in Italy and what’s going on with the banks? The case for the...

It’s been a slow start to trading in Europe on Thursday and US futures are currently trading relatively flat, as markets pause ahead of today’s ECB monetary policy decision which will...

The US dollar is trading lower against all the major currencies as the corrective forces continue to hold sway. The euro rose to nearly four-week highs in the European morning, briefly pushing through...

Stocks have soared ever since Donald Trump stunned everyone by winning the presidency, but Trump’s victory was far from a landslide mandate. Hillary Clinton won the popular vote by over 2.6M...

Our economy is a mystery to almost everyone, including economists. Let me explain the way I see the situation:(1) The big thing that pulls the economy forward is the time-shifting nature of debt and...

Japan is currently undergoing one of the most significant central bank policy reconstructions in recent times. The Bank of Japan are ambitiously striving for 2% inflation while broadly expanding their...

There is the sensation that a surprise announcement could hit the headlines today, as the European Central Bank (ECB) meets in Frankfurt.The ECB is expected to leave its interest rate policy...

The quantitative easing (QE) programs that started in the second quarter of 2015 remain controversial, especially in Germany. The sums involved are substantial: since the start of the first program,...

Counting down to Article 50Sterling slumped yesterday as parliament backed Theresa May’s amendment to have Article 50 triggered by the end of Q1 2017, in exchange for some semblance of a plan...

GBP/CADToday’s support: - 1.6650 (main), where correction is possible. Break would give 1.6622, where correction also may be. Then follows 1.6597. Break of the latter would result 1.6572. If a...

US equities surged to new record highs overnight as the Trump rally continued. DJIA gained 297.84 pts, or 1.55%, to close at 19549.62. S&P 500 jumped 29.12 pts, or 1.32% to close at 2241.35. Both...

Market movers today Today, all focus will also be on the long-awaited ECB meeting. We expect the ECB to announce a six-month extension of its QE programme and maintain monthly purchases at EUR80bn....

The TRY has been hit by a perfect storm of negative domestic developments and foreign factors, including a stronger USD, higher oil prices (affecting the current account negatively) and higher US...

Australia suffered its worst GDP decline since the financial crisis in 2008. Economists expected a decline of 0.1% but Third Quarter GDP Declined 0.5%.Trade data subtracted 0.2 percentage points and...