Market Overview

The main development here in the last full week of October is the sharp rise in bond yields. US 10-year yields rose nine bp this week coming into today's session, which features the first look at Q3...

E-commerce giant Amazon (NASDAQ:AMZN) Inc. reported a much lower earnings on Thursday. The disappointing results triggered a sell off during opening trading hours and the stock closed at 815.85 down...

NZD/USDToday’s support: - 0.7110(main), where correction is possible. Break would give 0.7088, where correction also may be. Then follows 0.7062. Break of the latter would result 0.7037. If a...

GDP points to previous strengthThe rear view mirror UK economics is filled with a reading of 0.5% in the latest GDP print but the road ahead is still very foggy. A print of 0.5% against an expectation...

Market BriefThe US dollar was better bid yesterday in spite of lackluster economic data from the world’s largest economy. The September durable goods orders report did not give much room for...

There now are less than two weeks to the election and we are past the last presidential debate. Over the last week, Trump has gained a bit more support in national polls, but the gap is still above...

I’ve seen a lot of commentary in which the author assumes that this year’s rally in the gold price is the first rally in a new cyclical bull market. It probably is, but at this stage...

FDAX:The strong weekly opening led the small trend further upwards and thereby into a trend continuation with a daily high at 10818 points. With his, we now have a new correction zone between 10744...

Here is the opening statement from the Department of Labor: In the week ending October 22, the advance figure for seasonally adjusted initial claims was 258,000, a decrease of 3,000 from the previous...

Bond yields are rising. The break-even rates, which compare conventional yields to the inflation-linked securities, are also rising. These developments, which we do not think can be attributed to...

US futures are treading water ahead of the open on Thursday as traders await another batch of third quarter earnings reports and some important economic data.Earnings season has seen some mixed...

Forex News and EventsCBR to hold rates until 2017 At its October meeting tomorrow, the Central Bank of Russia is likely to keep its rate unchanged. The path towards a rate normalization is taking...

Paul Wallace recently penned for Reuters an interesting article entitled: “GDP Is A Grossly Defective Product.” In the article he states: Yet despite its theoretical appeal, GDP is, in...

As widely expected, NB left the sight deposit rate unchanged at today's monetary policy meeting. The statement was also very balanced referencing four factors that relative to September's on-hold...