Market Overview

Algiers ‘deal’ boosting marketsWorld markets are fixated on Algiers this morning, following the announcement of a cut in the amount of oil produced by members of the OPEC cartel. This had...

German and Spanish inflation releases - inflation is expected to rise as base effects are fading. In addition, we have a couple of ECB speeches but we do not expect new info to the markets.In the US,...

German jobless data to be closely read after economic sentiment numbers The third estimate for US GDP growth in Q2 is to post sluggish increase The US pending home sales index is projected to rise in...

Recently I’ve been thinking a lot about what might happen in the event of a banking crisis redux. While I’m not very concerned about US banks these days, there is a ‘developing...

European Central Banks president Mario Draghi is set to face German legislators on Wednesday. The head of ECB easily averted questions from members of the European parliament before heading to face...

Monitoring purposes SPX: Sold long SPX on 9/16/16 at 2139.16 = gain .57%; Long SPX on 9/13/16 at 2127.02. Monitoring purposes Gold: Short GDX on 9/22/16 at 27.75. Long-Term Trend monitor purposes:...

The Federal Reserve or "the Fed", plays a pivotal role in the global markets. For if it were not true, then most investors around the world wouldn't be worried whether or not the US base interest rate...

Yellen to drive home point that politics is beneath the FedIn a week thin with data, focus has shifted to central banks – and today is the busiest of the week. In the next 24 hours, markets are...

Pan African Resources' (LON:PAFR) FY16 results were closely in line with Edison’s expectations. Excluding Uitkomst, revenue of £164.7m compared with our forecast of £165.1m and costs...

The profit margins ratio of French non-financial corporates has been on the rise for three years. In Q2 2016, it reached 31.7% of gross value added. However, even if it stands about 2 points above its...

The US dollar is enjoying a firmer bias today, but it remains narrowly mixed on the week. It is within well-worn ranges. Of the several themes that investors are focused on, there have not been...

News that the world’s biggest oil producer Saudi Arabia could accept a higher output from some of its rivals, left investors in a cloud of uncertainty. Although Saudi’s efforts pave the...

It’s likely to be a busy day for financial markets with plenty of economic data, speeches from central bankers and the outcome of the informal OPEC meeting all to come throughout the...

EUR/SGDToday’s support: - 1.5223 and 1.5210 (main), where correction is possible. Break would give 1.5188, where correction also may be. Then follows 1.5159. Break of the latter would result...