Market Overview

Market movers ahead In the US , we are due to get several important data releases, which will be key for the Fed's decision whether or not to hike later this year. In particular, focus is on the jobs...

Since 2013, the European Commission has had the right to examine member states’ budget proposals at the time they are presented to their national parliaments, instead of waiting until after...

Everything that can be counted does not necessarily count; everything that counts cannot necessarily be counted -Albert Einstein In the business and investment world, risk is considered the danger of...

Economic CommentaryOn 21 September, the Bank of Japan (BoJ) decided to augment its existing “Quantitative and Qualitative Monetary Easing” policy with a new one called “Yield Curve...

The Bond BubbleHave years of ZIRP, NIRP and QE created a global bond bubble? The evidence seems to suggest that it has. Upwards of $13 trillion of government bonds in Germany, Japan, and the...

Yesterday the BEA released its Third Estimate for Second Quarter GDP.The third (final) estimate bumped up the prior estimate from 1.1% to 1.4%. The BEA changed the name from final to third because GDP...

US jobs to refocus market on fundamentalsThe USD was mixed against majors. The U.S. dollar appreciated against the JPY and the CHF but traded lower versus commodity currencies and the EUR and the GBP...

In the week after the BOJ and FOMC meetings, speculators made several significant adjustments to gross positions in the futures market. However, there was no clear pattern.Of the 16 gross positions we...

The US dollar fell against most of the major currencies in Q3. The Norwegian krone was the best performer, gaining 4.4% against the greenback. It was helped by higher oil prices and a shift away from...

Sell December Fed Funds FuturesThe Federal Reserve has made it relatively clear that they intend to raise interest rates in the December meeting. Also, there were three dissenting members in the last...

The price of coking coal has risen 164% this year, doubling since July The NDRC is still attempting to reduce both coal and steel production this year The April stimulus package has boosted...

Friday September 30: Five things the markets are talking aboutDespite having already seen the script, investors seem unwilling to improvise, but prefer to act out what’s gone before. This week...

Deutsche Bank (NYSE:DB) shares are plunging again in morning European tradings. It’s 4:13 AM in Chicago, but Germany is seven hours ahead, making it 11:13 AM in Germany.Deutsche Bank shares...

True to its recent habit, the US dollar is finishing the week on a firm note. On the month, though, the greenback has fallen against most of the majors, but sterling, the Canadian dollar, and the...