Market Overview

When the Baltic Dry Index (BDI), an index of international ocean-going freight rates, plunged to a multi-decade low early this year it provoked excited commentary from the “economic armageddon...

The two main developments in the foreign exchange market this week in recent days has been the opposite of what has transpired over the past several weeks. Sterling moved higher quickly. The yen moved...

Forex News and EventsChinese trade data comes in mixed Chinese trade surplus eased to CNY311.2 billion in June, down from CNY324.8 billion in May in spite of an upside surprise in exports and a...

Risk appetite continued with S&P 500 extending the record run to close at 2152.14 overnight, up 14.98 pts or 0.70%. DJIA also followed and made new high at 18371.95 before closing at 18347.67, up...

New market highs beget new market highsAfter being faced with the prospect of a major slowdown in global activity in the wake of the Brexit vote, governments and central banks worldwide are now...

It will be another fairly quiet day in terms of economic data releases. The industrial production data for the euro area is due to be released for May. Last week showed a change of -1.3% m/m in...

At the moment of writing we are still waiting for the data out of China, which could cause for a reaction in the markets if it is differs too much from the expectation.CurrenciesEUR/USD –...

Wholesale inventories have ground to a halt, but since wholesale sales have also, the inventory imbalance only continues midway already through its second year. Excluding petroleum, the wholesale...

Eurozone industrial production expected to slide in May after rising sharply in April US inflation survey to be widely read after predictions of a pricing-pressure revival Is the yen’s sudden...

It was a relatively dull session yesterday (Monday July 11th) with stocks gapping higher only to trade sideways up till now. As I talked about in the morning’s video, I expected stocks to grind...

Who needs the Fed’s QE when the world is seemingly beating down the doors to buy US bonds? But like all Ponzi schemes, the end eventually comes. Last week’s record low in bond yields...

The FTSE Italian Bank Index was down nearly 40% this year through the day of the UK referendum. It fell another 33% from the results of the referendum to the middle of last week.In recent days,...

The Euro was supposed to lift all boats. But Italy was left behind and will stay there for two more decades according to the IMF.Please consider Italy ‘Facing 20 Years of Economic Woe’...

· Gold, silver do best following Brexit · Safe government bonds, stocks also do well · If situation is not so bad, difficult to justify more stimulus One...