Market Overview

The oil effect, an opportunity for importers?Although we had thought that the influence of crude oil prices (WTI) on the CAD had faded, yesterday’s trading day proved the contrary. Early in the...

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...

CurrenciesEUR/USD – with the recent strength in the USD, some are saying that we can see parity again. We heard this also last year and this didn’t happen, and we are still quite far off...

Market BriefThe US dollar is trading broadly lower against major currencies as investors wonder whether the rally has finally run out of steam. The greenback fell the most against the pound sterling...

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...

Couldn’t help post this headline "U.K. JUDGE SAYS BREXIT COULD BE DELAYED UP TO 2 YEARS", SKY SAYS. GBP has rallied into $1.2530 on this and not only has the parliamentary vote sufficiently...

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...