Market Overview

Last Friday was a consolatory one for the oil market. According to the report from Baker Hughes, the number of active oil drilling rigs rose to 374 (previous: 371). As a result, the last day of July...

The US dollar is trading with a small upside bias in narrow trading ranges. The main news has consisted of PMI reports, while investors continue to digest last week's developments. In particular the...

The week started with a good risk appetite. The US dollar softened across the board. The US and European equity futures were bid in Asia, as expectations for a Federal Reserve (Fed) rate hike have...

US ISM manufacturing data is due out today and is expected to be unchanged at 53 or slightly higher. The main event this week will be the US non-farm payrolls.No major events or key economic data from...

The EU banking stress test released late Friday was better than feared and should - at least in the short term - reduce tail risk. We do not expect the result of the stress test to be a major game...

The latest IMM data covers the week from 19 July to 26 July 2016To read the entire report Please click on the pdf File Below

CurrenciesEUR/USD – the weak GDP data out of the US was enough to breach through the resistance around the 1.1116 level and we came close to the next resistance level near the 1.12 level. It...

The last Housing Market Review covered data reported in June, 2016 for May. At the time, the iShares US Home Construction (NYSE:ITB) had just reversed all its post-Brexit losses along with a sharp...

The U.S. Federal Reserve and Bank of Japan both provided additional ‘insights’ for investors last week, but they did not put to rest the lingering nervousness that pervades. The word...

The news Friday that 2nd quarter GDP expanded by a tepid 1.2% from the previous quarter (annualized) marks a change that needs to acknowledged. The last two years we have seen a pattern of a weak...

Most of us have never witnessed an economic “recovery” this bad. As you will see below, the average rate of economic growth since the last recession has been the lowest for any...

Trading the market is all about outcomes, and it’s no surprise that we are driven to win every single day. When you’re plugging along and banking some nice wins, all is right with the...

EM ended last week on a firm note, helped by the weaker than expected US Q2 GDP report as well as the small bounce in oil. With the RBA and BOE expected to ease this week, the global liquidity...

Will Brazil’s Manufacturing PMI for July hint at a recovery for this battered economy? US construction spending expected to bounce after two monthly declines The US ISM Manufacturing Index is on...