Market Overview

The dramatic reaction to the UK decision to leave the European Union has changed the technical condition in the foreign exchange market. While the precipitating factor is a fundamental political...

So I saw on Friday that former Fed Chairman Alan Greenspan says this is the worst crisis he has seen. Bigger than the 1987 Crash? Bigger than the failure of Long Term Capital? Bigger than the internet...

Further to my UPDATES noted on my last post, a massive Head & Shoulders pattern has formed on this GBP/USD Monthly chart...catastrophe awaits as price flirts with the neckline. But, the FTSE 100...

Well, they did it. British voters decided to “declare their independence” from the European Union. But before we start talking in grand terms about self determination, there are some...

This is a truly historic day. The Brexit votes have been tallied and the UK will leave the European Union after 40 years. What started as a political ploy has ended in a lesson. World markets are...

Quite a night, eh, folks? I honestly can’t remember anything like this since the financial crisis, and even then, I think last night was wilder. I actually kept semi-dreaming that the ES had...

European Opening Calls: Euro Stoxx 50 2830 -208 FTSE 5862 -476 DAX 9575 -682 CAC 4158 -308 The Fallout The surprise “Leave” victory in the UK’s Brexit referendum has changed the...

So, now it is a fact that the UK has voted for leaving EU, what are the initial ramifications for Sweden as we see it?First, we have heard various comments by international commentators suggesting...

A truly historic night! Upon closing of the polls it was looking as if the remain camp would prevail, but shortly thereafter we got the first surprise results which showed that the remain camp was...

The shocking news that the UK voted to leave the European Union has triggered a new phase of risk-off sentiment around the world. It’s anyone’s guess how this all plays out, but the...

EUR/AUD Today’s support: - 1.4850, 1.4827 and 1.4802(main), where correction is possible. Break would give 1.4783, where correction also may be. Then follows 1.4754. Break of the latter would...

The global financial markets are rocked by the surprised result of the EU referendum in UK. At the time of writing, the "Leave" camp has already secured the 16.8m vote needed to win the referendum....

The UK's decision to leave the EU spurred a dramatic risk-off move through the capital markets. The dollar, yen, and gold soared. Equities and emerging market assets sold off hard. Core bond yields...

Although the results are not official yet, it seems almost certain that the UK has voted to leave the EU with 96.9% votes counted showing 51.7% in favour of leaving and 48.3% in favour of staying. The...