Market Overview

The NFP clearly had its impact. I could have kicked myself in EUR/USD. Since the 27th July, I had the target for the top between 1.1225-75 but failed to notice the deep Wave (b)/(v)… Thus, the...

The drip-feed of high frequency economic data from the major economies slows in the week ahead. The data that is reported is unlikely to have much impact on the expectations of policy going...

June’s 124.7 billion deficit rose from 113.4 billion in Q4 2015 and a 2.7% increase in current dollar GDP from 2.5% in Q4 2015. The quarterly figures hardly informs the overall view in Balance...

Friday’s nonfarm payrolls report beat market expectations with a read of 255K jobs created in July against a forecast of 180K. The data revived Fed hawks and brings rate hikes by the end of 2016...

Derivatives Essentials: An Introduction to Forwards, Futures, Options, and Swaps (Wiley, 2016) by Aron Gottesman is an excellent textbook/self-study guide. It describes the basic concepts of...

At Walmart (NYSE:WMT), the patrons seem to have better cars and smartphones than I own - and yet do not believe these patrons are as financially secure as I am. Is the spending pattern changing...

In their latest announcement, the Fed attempted to prop up the stock market. They attempted to sound hawkish, however, the market paid not any heed to it. The Fed annulment was reflected in a manner...

Global equities get a boost from both S&P 500 and Dow Jones Industrial averages breaking out to all-time high levels. In mid-July, S&P 500 index cleared the strong resistance at 2,125 and...

The masses do not believe this market can trend higher; sentiment is decidedly negative, and this has been confirmed time and time again. For months on end investors in the neutral or bearish camp...

On the weekends, the markets are closed and nobody trades right? Right, unless it’s bitcoins! It’s traded 24/7 on various online exchanges, such as poloniex.com or kraken.com.So, how does...

A reliable source for recession forecasting is the unemployment rate, which can provide signals for the beginnings and ends of recessions. The unemployment rate model, updated with the July figure of...

Better US employment drops gold price Debt-to-EBITDA Ratios Snippet from August 4, 2016 Pivotal Events: The two previous sharp increases occurred in severe contractions Perhaps an involuntary plunge...

For a period that included a BOJ and FOMC meeting and the US GDP, speculators in the currency futures were unusually quiet. Summer holidays with family may be more important.Of the 16 gross currency...

India’s upper house approved the creation of a Good and Services Tax (GST) The Polish government softened its stance on the proposed Swiss franc loan conversion plan Support for South...