Market Overview

Note: With last week's release of the Federal Reserve's Z.1. Financial Accounts of the United States for Q2 2016, we have updated this commentary to incorporate the latest data.Let's take a long-term...

A double header news day for tomorrow as the Federal Reserve and Bank of Japan make policy announcements. We could see wild swings in either direction. The cycles support further downside, but...

The US stock market entered a complacent phase after our post-Brexit entry. Although we benefited significantly from being contrarians and buying the dip immediately after the UK referendum, we were...

Is the US economy trapped in what might be described as a macro version of Dante’s Nine Circles of Hell? No one knows the answer at this point, but the possibility may be rising that the US...

Perhaps you think you have already read everything about BREXIT and that this article is just one among many others. However, the present article may cause a 180-degree turn in your vision on this...

It depends upon your perspective and the markets you follow …Perspective The global economy is drowning in debt – $230 Trillion and counting – that will not be repaid at current...

As one can imagine no one is prepared to take on too much risk ahead of the Bank of Japan and FOMC meets. The S&P 500 closed unchanged (range of 2135 to 2153). Utilities, REITS and financials...

CNH Hibor rates fell back on Tuesday showing the first sign of normalisation following the spike last week and on Monday. The one-week CNH Hibor rate declined to 7.98%, from 12.45% yesterday, which...

This week, the Fed will have its FOMC meeting on Tuesday and Wednesday, culminating with an announcement as to whether or not there will be a change in interest rates. This announcement will be at...

According to numerous financial polls there has been a split opinion whether the Federal Reserve should hike or hold the current rates. Both sides of investors are eagerly looking on to the Fed...

Global markets are holding their breath before the critical Bank of Japan (BoJ) and Federal Reserve (Fed) monetary policy verdicts.Activity is expected to remain quite before a potential storm. The...

Key Points: Markets are pricing in a 15% chance of a hike. Jawboning likely following the decision. Fed likely to hold rates steady at 0.50% The US dollar has largely softened over the past 24 hours...

NZD/SGD Today’s support: - 0.9950, 0.9923 and 0.9897 (main), where correction is possible. Break would give 0.9843, where correction also may be. Then follows 0.9826. Break of the latter would...

Nothing doing until tonightMotivation in these markets pre-BOJ tonight and Fed tomorrow evening is pretty slim; currencies traded very quietly yesterday through the European session with prices in New...