Market Overview

CurrenciesEUR/USD – extended its gains and nearly reached the 1.12 level. We can see there is a downwards trend line in place since June 24th. Today we will be getting some data, but tomorrow...

The EUR/USD on Wednesday reached 1.1190 thanks to purchases of the euro for the British pound after a failed BoE auction. The central bank didn’t manage to acquire enough long-term state bonds...

The National Association of Realtors (NAR) delivered some history-making news in its quarterly Metropolitan Median Area Prices and Affordability and Housing Affordability Index for the second quarter...

Low Productivity And Excessive Debt Fueled By Ultra-Low RatesGlobal central planners often cite high global debt levels and decreasing productivity as valid reasons to extend the QE/zero/negative rate...

I frequently check CME Fedwatch for a look at market expectations of rate hikes.When expectations rise, I typically laugh. Given all the analysis on stunning job growth, inventory builds, Fed...

Silver Oil Forex signals Forex systems We look at our favorite markets Aug 10 – 11….

There are lots of questions raised by the weak productivity numbers that were released on Monday. Nonfarm business productivity declined 0.5% (saar) as output (1.2%) increased at a slower pace than...

Monitoring purposes SPX: Covered short at 2182.87 = .63% loss; Short SPX on 7/26/16 at 2169.18. Monitoring purposes Gold: GDX on 6/10/16 at 25.96 = gain 14.97%. Long GDX on 5/31/16 at...

A complex set of questions on how the global Indices will continue to sustain gains is emerging, while troubling contradictory concerns are arising as two important risk adverse indicators are showing...

Market Drivers August 10, 2016Dollar Dump continues for 2nd dayKiwi up ahead of RBNZNikkei -0.18% Dax -0.45%Oil $42/bblGold $1358/oz.Europe and Asia:AUD Westpac CC 101 vs. 99.1 NZD RBNZ 17:00 North...

AUD/CAD Today’s support: - 1.0035 and 1.0024 (main), where correction is possible. Break would give 0.9993, where correction also may be. Then follows 0.9970. Break of the latter would result in...

Bank of England’s money-printing program stumbles on second day of operationsAs part of the quantitative easing program announced by Mark Carney last week, yesterday the Bank’s trading...

U.S. equities finished near the unchanged mark in a session that saw a marked swing in and out of negative territory, as investors weighed some lackluster earnings reports, fairly upbeat domestic...

Forex News and EventsUS data weakens, sell USD Current expectations for a Fed rate hike in September are standing at a meager 26%. Our view is that any decision will come down to the final data points...