Market Overview

This week's economic mover and shaker is Friday's employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, the most publicized being the...

Loonie remains frozen in place despite Canadian developmentsStatistics Canada’s GDP figures were in line with projections yesterday, which resulted in very little reaction in terms of the...

By Eli WrightU.S. election angst continues to weigh on global markets. In Asia today, the Nikkei closed down 1.8%; the Shanghai Composite edged down 0.65%; and the Hang Seng Index fell 1.45%. In early...

Over the past two years, among US commercial banks only big ones expanded their portfolios of residential mortgage-backed securities (RMBS) issued by Fannie Mae, Freddie Mac or Ginnie Mae. This...

The mounting pre-election stress is taking the wind out of the US markets’ sails.News that Donald Trump overtook Hillary Clinton for first time since May (source: ABC poll) triggered an...

Forex News and EventsGermany’s recovery: inflation is leading the path Europe’s leading economy is experiencing mixed data, while inflation continues to pick up. October figures were...

The Telegraph newspaper, while widely respected, has a tendency to shout doom and gloom at the first signs of potential trouble, but that doesn’t mean it is always wrong.The paper, and...

As anyone watching and, worse, listening to the U.S. presidential election will attest, global trade is not in favor at present.Nor is this trend just in the U.S. Europe very nearly failed to ratify a...

NZD/USDToday’s support: - 0.7193, 0.7166, 0.7130 and 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...

Manufacturing sector sitting on an inflationary time bombThe latest figures from the UK’s manufacturing sector were relatively upbeat, although the pace of growth slowed somewhat. Persistently...

It was always expected to be a volatile week for financial markets given the number of major central bank announcements, US jobs report release and the constant flow of earnings reports, but the...

Market movers today Today, focus will be on the FOMC meeting with the rate announcement due out at 19:00 CET. It is one of the small meetings without a press conference or updated 'dots'. We expect it...

Germany’s population of newly unemployed workers on track to tick lower ADP’s October estimate of US private payrolls projected to post a modest rebound Will today’s FOMC statement...

Dollar's selloff continues in Asian session today, in particular against Euro, on political worries rather than economic fundamentals. With less than a week to go until the presidential election on...