Market Overview

In Europe, focus will be on the minutes of the January ECB meeting. We will look for any indications of what instruments it is considering or prefers after the quite dovish January meeting.In the UK,...

The latest run of the Danske G10 MEVA model shows that USD has received fundamental support in recent months against EUR, GBP, AUD and NZD. This said, MEVA continues to signal that the greenback is...

While it was unclear exactly how to interpret the statement as per usual, the minutes were definitely to the dovish side and based on the minutes it is hard to see another hike at least until June.In...

We are calling for an open of 4944 (+62 points or 1.3%) for the ASX 200 and closer to 5000, where the index has found good sellers since 8 January. In terms of price action, the last few days has seen...

Asian stocks have flown out of the gate and there almost feels like we could be seeing the start of FOMO (Fear of Missing Out) trading. To many, losing money is only moderately worse than missing an...

A common problemLast night’s Federal Reserve minutes were not too much of a game changer. Indeed, as we mentioned in the lead-in to their publication it was going to be difficult for these...

Development in oil prices remained the main driver in the financial markets. Iran showed supports on the deal between Russia and some OPEC members to freeze oil output. Yet, it refrained from joining...

DOW + 257 = 16,453SPX + 31 = 1926NAS + 98 = 453410 Y + .04 = 1.82%OIL + 2.35 = 31.39GOLD + 8.10 = 1209.40Three in a row; three up days, and good moves at that. If you believe the old adage that every...

DOW + 222 = 16,196SPX + 30 = 1895NAS + 98 = 443510 Y + .03 = 1.78%OIL – .36 = 29.08GOLD – 8.50 = 1201.30Top oil officials from Russia, Saudi Arabia, Qatar, and Venezuela met in Doha and...

FOMC Minutes Muted: January’s FOMC minutes have failed to excite, falling short of hawkish risk that we defined in yesterday’s daily market update.The minutes appear to show that the level...

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This...

When it comes to your investment portfolio, volatility can be an unsettling word. For strategies that utilize convertible arbitrage though, market volatility can be a welcomed phenomenon, as we may be...

In Tuesday’s preview, we noted how traders might look at Wednesday’s FOMC minutes as staler than Grandma’s cereal after the market volatility and mixed economic data we’ve seen...

New York Forex Report: Equity markets shrugged off Asian session weakness to rip higher over the European morning as risk sentiment improves . The moves are partly driven by oil, which has regained...