Market Overview

There is a saying on Wall Street that the markets try to deliver the maximum amount of punishment for the most investors possible. They call this phenomenon the “pain trade”.In essence,...

With Tuesday's release of the December S&P/Case-Shiller Home Price we learned that seasonally adjusted home prices for the benchmark 20-city index were up month over month at 0.8%. The seasonally...

The latest Conference Board Consumer Confidence Index was released Tuesday morning based on data collected through February 11. The headline number of 92.2, was a decrease from the January final...

Tuesday the Richmond Fed Manufacturing Composite Index dropped 6 points to -4 from last month's 2. Investing.com had forecast no change at 2. Because of the highly volatile nature of this index, we...

Would you rather have a bar of chocolate today, or one a year from today?Most of us, if we like chocolate, would prefer to have a bar of chocolate today rather than at some point in the future. If you...

The Federal Reserve is now looking closely at negative interest rate policies (NIRP). Fed Chairwoman Janet Yellen recently admitted this in front of a Congressional panel. Europe and Japan have...

US crude posted gains on Tuesday, as March futures trade just below the $32 line in the North American session. Brent crude futures are trading $33.20. On the economic front, US key events were a mix....

The Australian dollar is steady on Tuesday, following sharp gains a day earlier. AUD/USD is trading at 0.7240 early in the North American session. In economic news, it’s a busy day. The US will...

After two days of lengthy and intensive negotiations, UK Prime Minister David Cameron returned from Brussels with a new settlement, having secured “special status” for Britain within the...

US monetary liquidity in January contracted at the sharpest rate in decades, according to the real (inflation-adjusted) year-over-year trend in base money (M0). It’s debatable if this alone is a...

Several factors are set to keep manufacturing production and the ISM manufacturing index suppressed in coming months.Wider credit spreads and tighter financial conditions have historically been an...

A EU-UK deal has been reached and the UK is due to hold an EU in/out referendum on 23 June.Our main scenario is that UK remains in the EU. However, the opinion polls indicate it is a close race and we...

US stocks closed higher as oil prices jumped on Monday. The dollar strengthened largely due to pound’s decline on Brexit concerns. Live dollar index data indicate the ICE US Dollar Index, a...

Market BriefAsian equities traded slightly lower on Tuesday as investors still try to determine whether the recovery has legs. However, the current scenario looks more like a consolidation than a...