Market Overview

Wednesday the Institute for Supply Management published its latest Non-Manufacturing Report. The headline NMI Composite Index is at 55.7 percent, up 1.2 percent from last month's seasonally adjusted...

Durable goods orders, ex-transportation, showed a negative print yesterday for the second time in a row. This was expected, in most senses of the word, but while I don’t put too much weight on...

To talk about the next recession feels bizarre.For many people, we are barely out of the last recession, and yet the numbers say that if the economy continues to grow as expected at over 2% this year...

Employment growth at US companies slowed in April to the weakest gain in three years, according to this morning’s update from ADP. The private sector added only 156,000 positions to payrolls...

US stocks fell to three-week low as weak economic data from China spurred concerns about slowing global growth and lower crude oil prices depressed energy and commodity stocks. China’s Caixin...

Nerves take ahold of marketsNervousness and the fear of global slowing got the best of markets Tuesday further to disappointing Chinese manufacturing data, a continued slump in crude oil and corporate...

Market BriefSell-off in risky assets ahead of data Risk appetite was reduced in the Asian session despite no clear catalyst suggesting short-term mean reverting behavior. Potentially, the sell-off in...

Forex News and EventsStill room for USD weakness Risky assets continued to sell-off following yesterday’s weak equity performance. US equity markets closed lower as disappointing reads from...

EUR/SEK has squeezed higher on falling risk appetite, positioning.However, we expect the 9.10-9.30 range to hold. Fundamentally, we are bullish on SEK on valuation, growth. To read the entire report...

US ISM non-manufacturing for April is due today. After a big decline from October to February, the index rebounded in March. There should be scope for a further increase in April. Consensus is for a...

While the weakening of the zloty was expected, the market reaction to the negative risks has been stronger than expected so far and there may be further weakening on the cards.To read the entire...

Vanguard founder John Bogle gave a powerful speech last month at the Q Group’s Spring Seminar that lays out the case (again) for favoring basic indexing and shunning complexity in matters of...

Dollar rebounded strongly overnight on comments of Fed officials. Atlanta Fed president Dennis Lockhart called June rate hike "a real option". And, two rate hikes this year "are certainly possible" as...

A fairly choppy start to proceedings this morning with miners dragging the FTSE lower and the dollar staging a small rebound in the face of the recent sell-offGold has pared some recent gains and...