Market Overview

Do not wait for ideal circumstances nor for the best opportunities; they will never come. ~ AnonymousIndia has had many aspirations to overtake China, but this is more of a pipe dream than reality....

A little over six months ago the owners of the Baha Mar, a $3.5 billion Bahamian resort, filed for bankruptcy. Shoddy construction from the China State Construction Company (HK:3311) led to delays...

AUD/JPYToday’s support: - 80.17, 79.72 and 79.63(main), where correction is possible. Break would give 79.48, where correction also may be. Then follows 79.20. Break of the latter would result...

What is the issue? The UK has long had a strained relationship with the EU and has never been comfortable with the ever increasing drive for greater integration and harmonization of rules and...

Australian dollar remains steady after RBA left the cash rate unchanged at 2.00% as widely expected. The central bank provided nothing new in the accompanying statement. It noted that "Over the period...

The Chicago Business Barometer fell sharply again in February, almost exactly as it had risen sharply in January. In fact, for the past year that has been the dominant pattern of sharp alternating...

While the current equity charts do have a similar look to October’s bounce, they are still missing the anxious buying power that we saw then. If you look back to October 2015, we had an...

The early gains in U.S. equities dissipated as quickly as they occurred, with stocks closing at their lows, as another tumble in China and disappointing reads on the economic front overshadowed...

“He that won’t be counsell’d, can’t be help’d.” – Benjamin Franklin (ed.), Poor Richard’s AlmanackWas it really a case of the “Dimon...

After yesterday’s relatively slow news day we get a huge data dump today during Asia. With both Chinese and Australian news on the cards, we’re capped off by the RBA cash rate decision...

Intra-Day Market Moving News and Views (USD/JPY) 01 Mar 2016 01:15GMTUSD/JPY - .....Earlier Japanese Finance Minister Taro Aso said he is not considering to compile additional fiscal spending to prop...

Housing Data Comes In Below ExpectationsThe economy continues to produce mixed signals for investors; some data looks good and some not so good. Falling under the “not-so-good” category is...

China’s central bank stepped up efforts to cushion its economic slowdown amid plunging stock prices and a weakening currency, cutting the amount of cash the nation’s lenders must lock...

What is the issue? The UK has long had a strained relationship with the EU and has never been comfortable with the ever increasing drive for greater integration and harmonization of rules and...