Market Overview

German factory orders expected to rebound in May Future quarters may show some post-Brexit vote impact on industry output Spanish industry output data should support the government’s upbeat...

In the face of post-Brexit discussions, global banks deal with various market concerns. It was clear enough, Brexit changes the direction of the stocks, the commodities and the financial market. And...

Sterling continues to move lower. It tested the $1.3050 area in North American trade, after being pressured through the Asian session and the European morning. That the UK economy is slowing down,...

While investors have been focused on the perennial failed hope for a second-half economic recovery, they have been missing the most salient point: the U.S. most likely entered into a recession at the...

As anticipated, international financial markets were calm yesterday with our neighbours to the south focusing on Independence Day festivities. In Canada, encouraged in large part by rising crude oil...

Worries ReturnDid you think you could put Brexit behind you? Well you can’t, especially when there are more worries in other EU economies. The market again is worried about the Brexit fallout as...

The British pound has been hammered to fresh lows just above $1.3115. The euro is moving toward GBP0.8500. The immediate catalyst is three-fold. First, one of the UK's largest property funds has moved...

It’s been a rocky start to the European session on Tuesday, with general risk aversion being seen throughout the markets as ongoing reports of post-Brexit difficulties take the wind out of the...

I am certain that you remember Lehman Brothers and the “chaos” that it created when it ‘failed’. If you think that the world's central banks are now wiser and consequently will...

EUR/USD consolidates gains above 1.1100, still keeping the bullish trend in the short term. First resistance is seen at 1.1169 (July 1st high), however if surpassed, the pair could advance to the...

Aussie is mildly lower after RBA left cash rate unchanged at 1.75% as widely expected. The central bank maintained a neutral stance in the statement, but hinted that it might adjust the stance based...

A bullish wedge is being formed after an impulsive rise from 1.2677 to 1.3120. Price has pulled back to the 61.8% Fibonacci retracement. Initial signs of a bullish reversal are there together with the...

CurrenciesEUR/USD – is pretty much unchanged from yesterday and is testing the support around the 1.1116 level again. The main difference with yesterday is that we will be getting some European...

Market BriefOverall, the risk sentiment has improved substantially since June 24th even though risky assets are still lagging behind. Indeed, the Brexit vote casted a massive shadow over the global...