Market Overview

CHF/JPYToday’s support: - 111.36(main), where correction is possible. Break would give 111.04, where correction also may be. Then follows 110.87. Break of the latter would result in 110.59. If...

Oil lower on Saudi/Iran intransigenceAn OPEC meeting in Doha ended last night with no agreement on a potential freeze of output, sending oil prices lower, strengthening the USD and sending commodity...

The agenda which is going to matter the most and keep downward pressure on the trading session today is the sell off in oil prices after the Doha meeting failed to agree to form an agreement. Was this...

Commodity currencies surged broadly last week, following strength in stocks in oil. DJIA took out recent resistance of 17118.48 to resume rise from 15450.56, reaching as high as 17962.14. Similar...

Asian markets tumble with oil prices after the highly anticipated meeting between oil producers in Doha failed to yield agreement on output freeze. WTI dips to as low as 37.61 and is now trading at...

Talks between OPEC and non-OPEC producers on Sunday on a production freeze accord ended without a result.Brent crude opened USD3/bl lower on Monday at USD40/bl following the disappointing outcome. We...

We expect a dovish tone from Draghi at the ECB meeting this week, but no new measures. Despite the comprehensive package of easing, which was announced in March, the ECB is still under pressure to...

A failed attempt to agree on an output freeze by some of the world’s largest oil producers in Doha over the weekend has sent oil prices tumbling at the start of the week, which in turn appears...

“Exodus Has Begun”The minimum wage hike is about to smack Los Angeles’ apparel industry businesses and jobs. The LA Times reports the ‘Exodus has Begun‘. In Greece, 40%...

I wish I had a more definitive answer for you this week, but the market is standing at the proverbial “crossroads” of bull and bear.From a “fundamental” perspective there is...

Doha Disappointment: Last week, we spent most of our time questioning whether oil had gone too far, and how we could possibly take advantage of the mismatch between market expectations and what a...

It is never easy, but the week ahead may be particularly difficult for market participants. Markets will first have to respond to weekend developments.First, on the front page of the NY Times on...

Doha, April 18th - QNB Group has published its IndiaEconomic Insight 2016 report. The report examines how the implementation of reforms could reinforce India’s status as the fastest growing...

Market direction on Monday will largely depend on the outcome of the meeting in Doha this weekend. The question is whether oil producers end up agreeing to freeze output. Such a deal would possibly...