Market Overview

Wholesales sales are right back on track again after two months of being affected by the calendar. After rising 0.8% in February and 0.6% in March, sales declined by 5.3% Y/Y in April. For the first...

Let’s outline areas of the globe where we see investment opportunity.Emerging Markets India. The monsoon has started strongly, and is forecast to be normal or better than normal after two...

The official inflation rate has been running at extremely low levels for the past few years, in large part because of the collapse in energy prices from late 2014 to early 2016. The strong U.S....

On Sunday and Monday we heard about two new polls in the U.K. -- both showing the “leave” vote pulling ahead of the “stay” vote in the contest to determine whether Britain will...

With China still on holidays for the Dragon Boat Festival and Australian markets slowing down as they head into the Queen’s Birthday Long weekend, I’m expecting the week to just peter out...

The Reserve Bank of New Zealand surprised the market after leaving the benchmark interest rate unchanged. A lot of market players expected the bank to follow the successive cutting of the official...

US stocks finished near record highs on Wednesday led by rising oil. The dollar weakened to one month low as investors revised downward their expectations of a rate hike in June after the dovish...

Knowing when the U.S. Economy is heading for recession is paramount for successful investment decisions. Our weekly Business Cycle Index (BCI) would have provided early warnings for the past seven...

Forex News and EventsPotential reflection point in US labor The markets has been trading on the theory that weakness in labor report, specifically NFP, is an indication of a cyclical slowdown....

The deceleration of China's GDP growth rate has been seen both as a natural transition towards more sustainable growth rates and a sign that the Chinese model of growth is coming to an end. How does...

The US dollar is posting modest upticks against most of the European currencies and the Canadian and Australian dollars. However, it has fallen against the yen and taken out the recent low, leaving...

Chinese inflation data showed a further increase in producer prices in May (Chart 2). PPI increased 0.5% m/m in May, the third monthly increase, driving the annual rate up to -2.8% (consensus -3.2%...

US federal personal tax receipts receipts are falling fast. So is the Evercore ISI State Tax Survey.The last two times the survey plunged this much, the US was already in recession. Is it different...

CHF/JPY Today’s support: - 110.70(main), where correction is possible. Break would give 110.59, where correction also may be. Then follows 110.37. Break of the latter would result in 109.83. If...