Market Overview

Deutsche Bank (DE:DBKGn) hit fresh new lows this week on the fear that Germany will not be able to bail out the bank. DBK appears to be headed for bankruptcy, which would wreak havoc thanks to the...

Post-Brexit-vote pain is beginning, and it will get worse. Investors’ attitudes about Britain’s prospects are signaled by the tumbling currency. This week the pound plunged to three-decade...

"Systems trading is ultimately discretionary. The manager still has to decide how much to risk to accept, which markets to play, and how aggressively to increase and decrease the trading base as a...

There is something for everyone in today's US jobs report and at the end of the day, it is unlikely to sway opinion about the direction and timing of the next Fed move. The greenback itself may remain...

The 10-year Treasury yield yesterday took a breather from plumbing new record lows, but it’s not obvious that the 35-year slide in interest rates is over. The benchmark rate ticked up to 1.40%...

The US employment data tends to be among the most important economic reports during the monthly cycle. It often injects volatility into the market. The report itself tends to be volatile and subject...

This afternoon Justice Secretary Michael Gove was eliminated from the Conservative leadership race, leaving only Home Secretary Theresa May and Energy Minister Andrea Leadsom on the ballot (see BBC )....

UK leadership contest narrowsThe 1.30 level’s proven to be a tough nut to crack in GBP/USD with so much negative newsflow still circulating for the pound. Despite the narrowing of the...

Dollar remains mixed as markets are turning the focus to employment data from US. Economists expect non-farm payroll report to show 180k growth in June with unemployment rate rose to 4.8%. Average...

Today all eyes will be on the June US jobs report. We expect to see a rebound in employment growth following the worst jobs report in five years in May. The Verizon strike, which weighed negatively on...

Yields on US treasury bonds are the lowest in history. They have gone negative in countries around the world. Bank stocks in Europe have fallen 75% and even though stock markets have recovered, bank...

Today’s note, “When Narratives Go Bad”, describes my most basic view on everything that’s happening in the world right now, politically, economically, socially … all of...

The NFP Report is expected to Erase Last Month’s Disappointment Due to the 4th of July holiday the ADP payrolls report and the unemployment claims were released on the same day. Both posted...