Market Overview

Donald Trump’s unexpected election victory sent shockwaves across the globe and hardest hit were major tech stocks which stumbled due to uncertainty. Throughout Trump’s election campaign...

Donald Trump’s unexpected election victory sent shockwaves across the globe and hardest hit were major tech stocks which stumbled due to uncertainty. Throughout Trump’s election campaign...

CurrenciesEUR/USD – dropped to the lowest level since December as the USD kept on strengthening, in spite of the weaker data out of the US. Today we have important inflation data out of both the...

by Eli WrightAsian equity markets were stable overnight. In Japan, the Nikkei was flat, closing at 17,862.63; the Shanghai Composite edged up 0.1% to 3,208.21; the Hang Seng moved 0.45% lower, to...

Rebound expected for the September read on Brazil’s Economic Activity Index US headline consumer inflation projected to rise at fastest annual pace in 23 months Housing starts in the US on track...

GBP/SGDToday’s support: - 1.7601(main), where correction is possible. Break would give 1.7587, where correction also may be. Then follows 1.7566. Break of the latter would result 1.7539. If a...

US CPI data for October is due out at 14:30. In line with consensus, we estimate the core CPI index increased 0.2% m/m in October (2.2% y/y), while we estimate that the headline index increased by...

After yesterday’s trading update, EasyJet PLC (LON:EZJ) is being touted as a great buy. We don’t see it that way…Let’s take a deeper dive into yesterday’s full year...

SPX Monitoring purposes; Long SPX on 11/11/16 at 2164.45; sold 11/15/16 at 2080.39 = .74% gain. Monitoring purposes Gold: Covered on 11/9/19 at 24.59 = gain .07%: GDX 11/2/16 at 24.78. Long-term...

Forex News and EventsCommodities record gains after seven days of consecutive weakness Uncertainties around the US election have been significant. Gold prices have gone down over the past two weeks...

A solid gain in retail sales for October dealt another blow to folks who’ve been warning that a US recession is imminent. Consumer spending increased at a brisk pace last month, advancing 0.8%,...

The US dollar remains bid. It is at its year high against the euro and five-month highs against the Japanese yen. Sterling, which has performed better recently, remains in the trough around 30-year...

In the euro area, the annual growth rate of outstanding bank loans to the private non-financial sector (i.e. households and non-financial corporations) - unadjusted for securitizations and other...

by Eli WrightGlobal markets climbed modestly yesterday after a bounce in oil prices, brought on by renewed speculation of an OPEC output deal. The news also pushed energy company shares...