Market Overview

The downward pressure on global rates and yields intensified after the British people's decision to leave the EU. As flagged in the Brexit - policy responses and market implications , 24. June, we are...

CurrenciesEUR/USD – After a few days of slight recovery the pair closed down for the day after reaching a height of 1.1116. We now are just above that all important 1.10 level but with a small...

The US dollar is little changed ahead of what will likely be a thin North American session due to the US holiday on Monday. The Australian and New Zealand dollars are attracting flows, ostensibly as a...

The services sector expanded faster in July according to Chinese official PMI data. Hang Seng equities rallied 1.75%, Tokyo and Topix gained 0.68% and 0.69% respectively.Nevertheless, the appetite...

The last Housing Market Review covered data reported in May, 2016 for April. At the time, the iShares US Home Construction (NYSE:ITB) was experiencing a healthy rebound on the heels of strong data on...

Last Thursday, as I was coaching my son’s little league team on their improbable quest to Williamsport… I glanced at the headlines rapidly breaking in Britain: the vote was swelling...

Carney confirms economic outlook has deteriorated, stimulus is forthcoming.Just one week from the referendum vote and the Bank of England governor Mark Carney yesterday outlined the Bank’s plans...

Today we get the ISM manufacturing index for June. Regional indices and the Markit PMI manufacturing index point to a stabilisation in the ISM manufacturing index, while the order-inventory balance...

Softer Riksbank.Lower borrowing requirements. Lower rates but curves still too steep up to 5Y compared with other markets. To read the entire report Please click on the pdf File Below

Deutsche Bank (DE:DBKGn) shares have collapsed to lows deep under crisis lows and collapse of Lehman in the Great Financial Crisis. What’s going on?An investigation of Deutsche Bank’s...

Voters are angry. Donald Trump, Marine Le Pen, Nigel Farage, UKIP, and the AfD party in Germany have all been accused of stirring up anger and hatred.But anger is not the problem. None of those...

Stock markets staged an incredible recovery during trading this week as the mixture of improving global sentiment, optimism over central bank intervention and fading Brexit concerns attracted...

Recently Japanese equity markets were hit by an ‘earthquake’. The biggest bank in Japan – Bank of Tokyo-Mitsubishi UFJ (BOTM) – resigned of his primary dealer status. The...

Consider this a follow up to my earlier post about the Bank of England’s Mark Carney’s rescue of the financial stocks and the overall stock indices.We have reached a point where these...