Market Overview

EUR/USD has posted losses on Friday, dropping below the 1.12 line. Currently, the pair is trading at 1.1180. It’s a busy day on the economic front in both Europe and the US. German Retail Sales...

Shorter-dated EUR/DKK FX forwards have recovered from the low levels they traded at before the summer to a level close to where they trade in normal times.Renewed focus on political risks in Europe...

Market movers today The markets will continue to monitor the problems with Deutsche Bank (DE:DBKGn) today. Regarding key figures, there is focus on Euroland inflation, which is expected to increase,...

AUD/NZDToday’s support: - 1.0479, 1.0456 and 1.0440(main), where correction is possible. Break would give 1.0427, where correction also may be. Then follows 1.0401. Break of the latter would...

Deutsche keeping equities under pressureAsian equities have had a torrid overnight session as news surrounding the travails of Deutsche Bank (DE:DBKGn) have darkened the mood. News yesterday that some...

Deutsche Bank (DE:DBKGn) has been the main topic of discussion across the financial world this week. Focus is on the €10.5million fine issued by the Department of Justice (DoJ) for selling...

Today 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 estimate”...

The Sentier Research median household income data for August, released this morning, came in at $57,380. The nominal median was up $190 month-over-month but only $940 year-over-year. In percentages,...

The simmering issue of the sustainability of the European banking system has all come to a head today, with Deutsche Bank’s solvency issues flooding the newswires.The latest boiling point from...

Let's admit that the monthly non-farm payroll report is among the most difficult for economists to forecast. The are not many reliable inputs as it is the first piece of real sector data for a new...

The chart below looks at the price patterns of crude oil and the NYSE Index over the past 8 years. And while crude and the NYSE don’t always correlate, they have, over the past several years,...

We published a Q3 commentary on the US stock market on September 19. That piece is available here: www.cumber.com/q3-us-stock-market-update/. To paraphrase Keynes, things changed and so did we.In our...

Political uncertainty loomsFed on hold this year USD set to be range bound through 2016, then to weaken To read the entire report Please click on the pdf File Below

It was interesting to see the markets reaction to the Consumer Confidence report on Tuesday, along with some of the media headlines, to wit: Consumer confidence just surged to its highest level since...