Market Overview

The forex markets are relatively steady as markets enter the last trading day of October and start a busy week. Dollar is set to close the month as the strongest major currency as supported by...

The following table lists the key economic data and other events that came out during the week of October 24th through October 28th, with release times displayed for the GMT time zone.The list also...

What’s the most important metric in GDP report on Friday?Caroline Baum tweets that it’s private final demand, the slowest in three years, excluding the first quarter of 2016. Real Final...

Summary: Investors have become very concerned about excessive debt in the US. The worry is that current leverage has risen so rapidly and become so extreme that the economy is at imminent risk of a...

On Friday, the BEA released the first estimate of 3QA GDP. The headline rate was 2.9%—a welcome change from the previous three quarters. However, this marked the 8th consecutive quarter below...

EM ended the week on a soft note, as markets were taken off guard by news that the FBI was reopening its investigation of Hillary Clinton’s emails. Risk off trading hit MXN particularly hard....

Last week, Bank of Canada president Stephen Poloz testified before the Canadian parliament, discussing the latest Monetary Policy Report. He noted that, due to weak exports, low oil prices and a shift...

Julian Baggini is a British philosopher who knows how to write for a general audience. Yale University Press has just released his latest book, The Edge of Reason: A Rational Skeptic in an Irrational...

November’s FOMC meeting is expected to produce just one thing: a repeat of the Fed’s November 2015 announcement when it pre-committed to raising key rates at its following meeting. The...

The Russian economy is getting a bit better. In the second quarter, GDP growth contracted by only 0.6% and manufacturing activity accelerated slightly. However, the recovery is fragile. Household...

Global inflation on the rise - pushing up inflation expectations.Risk to the upside for bond yields for now on better data, rising inflation and central banks. Stocks caught between better data and...

CBOE Volatility Index closed above its Long-term support/resistance at 16.15, confirming its buy signal.The next important milestones are the trendline at 22.50 and Cycle Top resistance at 24.15...

Next week we will see the final employment report before the November elections. Will the Bureau of Labor Statistics (BLS) have their fingers on the scales to make the Democratic party look good going...

Market movers ahead Last year, the Fed more and less preannounced the 2015 December hike at the October meeting. Hence, we expect the market to read carefully the statement from the FOMC meeting. We...