Market Overview

The S&P 500 index (SPX) closed at $2099 today, up 2.3% this week alone. The Russell 2000 Index (RUT) closed at $1150, up $11. This strong bullish week has a lot of people seeing only blue skies -...

Earlier today we learned that the Second Estimate for Q1 real GDP came in at 0.8 percent (rounded from 0.84 percent), above the 0.5 percent of the Advance Estimate. With a per-capita adjustment, the...

The US dollar was mostly firmer over the past week. There were two exceptions among the major currencies: Sterling and the Canadian dollar.Many linked sterling's outperformance (+0.8%) to a growing...

For various reasons, well beyond the scope of this note, China has amassed huge industrial capacity, well beyond its ability to absorb. In part, that is one of the challenges that 'One-Belt-One-Road'...

U.S. economic growth slowed in the first quarter although not as sharply as initially thought, amid a surge in spending on home building and a steady increase in inventory investment by...

US stocks were almost flat today on Thursday ahead of national holiday and Janet Yellen speech. US dollar index, a measure of a greenback’s value against a basket of six major currencies, fell...

US consumption and housing gain pace giving comfort to the FedA summer hike is increasingly likely barring any negative surprises USD to strengthen short term driven by higher US yields Euro yields...

William Bernstein penned an intriguing e-book a few years ago that considered the possibility that correlations are destined to rise among asset classes due to indexing’s growing popularity....

Update on positioning.Covered bonds - supply likely to be lower in H2. The new CPI mortgage cost method. Time to take position in BEI3102. To read the entire report Please click on the pdf File...

The US dollar remained soft across the board as the probability of a June rate hike slightly weakened throughout this week. The market gives a 38% chance for the Federal Reserve (Fed) to raise rates...

Friday May 27: Five things the markets are talking aboutDirectionless range bound trading continues to dominate proceedings ahead of the bank holiday long weekend in the U.S and the U.K. As has been...

AUD/CAD Today’s support: - 0.9335 and 0.9315 (main), where correction is possible. Break would give 0.9285, where correction also may be. Then follows 0.9266. Break of the latter would result in...

Pound eases off into purdahAfter two days of strong Brexit-related gains the pound took a breather yesterday and looks set to do so today with a hefty amount of drift in these markets. Next week we...

The dollar pushed lower to a one-week trough against the other major currencies on Thursday, as investors continued to lock-in profits from the greenback’s recent rally to two-month highs, after...