Market Overview

US October manufacturing production data is due out at 15:15 CET. It will be interesting to see whether the positive signals from the ISM and Markit PMI manufacturing indices will be visible in the...

Economists expect the UK claimant count to head higher Robust consumer spending is supporting the UK economy, for now A mild rebound is projected for US industrial production in October US home...

Clichés are clichés for a reason, largely because their meaning no longer requires precision in order to communicate information. Because of that, their use is usually limited to...

Brexit and the Donald Trump presidential victory should rightly be viewed as the most significant international developments of the last decade. Both events illustrate a breaking down of globalist...

For months, Hillary Clinton was expected to win the presidency, according to a variety of polls and predictions. However, Donald Trump surprised many by securing more Electoral College votes. Trump...

What kind of President will Donald Trump be? Will he restore America to its former position of greatness, or end up being feckless like a long list of his predecessors? That is yet to be...

The strength of the U.S. dollar continued undiminished in trading on Monday. The U.S. Dollar Index (DXY), which measures the USD against a basket of currencies (EUR, JPY, GBP, CAD, etc.) broke through...

When’s the last time a Nobel Prize-winning economist unwittingly made a convincing case for separating one’s political views from analyzing the business cycle and instead favoring a...

Emerging markets shares and currencies plummeted on Friday. The sell-off comes after the surprise election of Donald trump.Risk aversion to bonds is clear in the market. Analysts believe that Trump...

CurrenciesEUR/USD – even though the industrial production in the Eurozone was better than expected, it was unable to stop the weakening of the EUR. Today we will have more important data out of...

In this past weekend’s newsletter, I discussed in detail the “Post-Trexit” market action as the pre-election certainty, a “Trump Catastrophe,” turned into a “Make...

The rising US dollar and the improved sovereign yields continue to make global headlines.It almost feels like the US election has offered the missing piece of the global macro puzzle. Though...

After a dramatic run since the US election, the capital markets are consolidating today. It is a bit too restrained to such a Turn Around Tuesday is unfolding. The euro is struggling to sustain...

Dow Jones: Resistance (daily close) :16931.22, 17111.30, 17268.53 and 17640.00. Breaking of the latter would give 17971.78, 18230.63, 18358.32, 18626.38 and18732.20 (published on January 06,...