Market Overview

Unsurprisingly, the ECB maintained the monetary status quo at its October meetingMario Draghi restated the commitment to preserving the substantial amount of monetary accommodation needed to secure...

The Austrian economy is currently experiencing a modest upswing, supported by lower energy prices and income tax reform. Growth is expected to decelerate in 2017, because of reduced fiscal...

Canada – Retail sales fell 0.1% in August, disappointing consensus which was looking for an increase of 0.3%. The prior month was revised down to -0.2% (from -0.1%). In August, sales declined in...

Market movers ahead In the US a lot of attention next week will be on the first estimate of Q3 GDP growth. Overall, we expect GDP growth was around 2.0% q/q AR in Q3. This is not strong taking into...

The ECB is likely to extend QE in December and avoid stimulus, which would hurt the European banking sector.We expect EUR/USD to fall near term on relative monetary policy expectations, politics. We...

In this week's market analysis, we will look at potential trading opportunities and zones where we should look for price action, evidence and potential moves. Pairs and markets analyzed this week:...

Imagination is more important than knowledge. For knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and...

The Mystery of Budget Deficit versus Increase in DebtDebt has grown at an incredible pace since the financial crisis of 2008. Over the centuries, the world has faced numerous debt crises, of which...

Economic CommentaryThe International Monetary Fund (IMF) kept its expectations for global growth in 2016 unchanged at 3.1% in its recently-published World Economic Outlook. While the headline figure...

Humans are born with basic instincts for survival. They need to protect themselves at all costs.Certain critical instincts are inborn, such as hunger, self-survival, etc. But humans are complex...

Note: In response to a standing request, here is updated comparison of four major secular bear markets. The numbers are through the Friday, October 21 close.This chart series features an overlay of...

The Philly Fed's Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relatively little known real-time indicator of business conditions for the U.S. economy,...

European banks may not be the main driver of the investment climate, but their challenges are not resolved. Investors have focused on two country's banks recently. Germany's Deutsche Bank (DE:DBKGn)...

The Consumer Price Index increased 0.3 percent last month. What does it imply for the gold market?U.S. consumer prices climbed 0.3 percent in September. It was the largest rise since April, as one can...