Market Overview

It is not in the world of ideas that life is lived. Life is lived for better or worse in life, and to a man in life, his life can be no more absurd than it can be the opposite of absurd, whatever that...

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...

EUR/USDCurrent level - 1.1033 The downtrend here is intact, with an initial resistance at 1.1070 and immediate support at 1.0980. Crucial on the upside is already...

The FTSE opened in the red as reality hindered yesterday’s enthusiasm after BHP announced £4bn half year loss to really help dent risk appetite. Energy, health care and materials are the...

Last week the positive sentiment continued on the European credit markets, witnessed by a continued spread tightening trend. A few weeks back credit indices peaked at the highest levels since...

Operating under the mistaken belief that a modest dose of inflation is either a prerequisite for, or a by-product of, economic growth, the nation's top economists have been assuring us for quite some...

The ASX renaissanceThe ASX 200, like many other equity markets, has undergone a renaissance of fortune, reclaiming the 5000 level after trading down to 4706 on 10 February. Despite a 6.3% rally, the...

• Carney may be questioned on Brexit risks BoE Governor Carney will testify to parliament today on monetary policy and the outlook of the UK economy. Following the latest developments on the...

This morning 9:00 AM London time Ifo Institute for Economic Research will release the German Ifo Business Climate numbers.This report is released on a monthly basis and some three weeks into the...

I wrote last week about the OECD’s sudden alarm over global growth “flatlining” but I think it important and relevant to further emphasize why. If you go back only to June last year,...