Market Overview

Although there is no convincing technical evidence that the dollar's retreat in Q1 is over, we suspect it is nearly complete. We will be especially sensitive to reversal patterns, divergences with...

Bank Indonesia signaled it may pause its easing cycle Vietnam undertook a massive cabinet shuffle MSCI is reviewing Nigeria’s standing in its equity indices due to the impact of ongoing FX...

US stocks edged lower on Thursday due to the weak performance of the banking sector. Janet Yellen said on Thursday the US economy is performing well, with further interest rate hikes still on course...

The ongoing collapse of the velocity of M2 money supply screams loud on clear: YES. As the St. Louis Fed pointed out yesterday, M2 money velocity—the ratio of nominal GDP to the average of the...

Pressure points are building in global markets as the risk rally appears exhausted.The downward pressure on EUR/DKK and DKK rates are likely to continue in coming months. Negative interest rates have...

Market BriefUSD/JPY took a breather after hitting 107.67 in the late European session on Thursday. The pair rapidly reversed momentum and returned to around 108.70 as traders wonder whether there is...

Japan is angry. Rightfully so, in a perverse way.What is Japan angry about? It has not succeeded in destroying its own currency, a seemingly simple task. Japan Lashes Out My advice is coming up....

The Hoot Actionable ideas for the busy trader delivered daily right up front Friday higher only if ES stays above its pivot, else lower. ES pivot 2041.00. Breaking above is bullish. Next week bias...

In terms of data releases, today is set to be a fairly quiet day.In the UK, focus will be on the release of NIESR GDP estimate for March, as the estimate in February suggests that growth in Q1 has...

EUR/AUDToday’s support: - 1.5058 and 1.5030 (main), where correction is possible. Break would give 1.5009, where correction also may be. Then follows 1.4987. Break of the latter would result in...

Dollar turned mix towards the end of the week but stays the third strongest major currency following Yen and Swiss Franc. Fed chair Janet Yellen said yesterday that "we are comi9ng close to our...

Opening Calls:FTSE 6159 +22 DAX 9547 +16 CAC 4257 +11 The 5 key drivers for the ASX next week 1. Oil Oil has dropped 9.2% since its intra-day peak of US$41.90 on 22 March and it was looking like it...

April QE extension cooler.Time to alter our positions. March inflation on Riksbank forecast. To read the entire report Please click on the pdf File Below

The Wall Street Journal reported a few days ago (h/t ZeroHedge) on the status of the ongoing disruption in domestic production of long haul trucks and vehicles. In what can only be confirmation of the...