Market Overview

According to the Bureau of Labor Statistics (BLS), there were 151,000 net new jobs created in the month of January, and the unemployment rate fell to 4.9%. The continuing increase in new job creation...

The US Federal Reserve Open Market Committee will today publish the much anticipated minutes of its last meeting.These minutes are a detailed account of the last Federal Reserve meeting. As such, this...

Rather than fix what's broken with the real economy, ZIRP/NIRP has added problems that only collapse can solve.The fundamental premise of global central bank policy is simple: whatever's broken in the...

Another violent week in the markets as each asset class had some security making a two standard deviation move. Oil, yen, Bank Credits and plenty of Equity groups were bobbing in the winter surf last...

Wednesday’s the busiest day this week for economic reports, including the monthly update on the UK labour market. Later, we’ll see two key numbers for the US: the January data on housing...

Summary: Fund managers' cash in February rose to the highest level since 2001, higher than at any time during the 2008-09 bear market. This is bullish for equities.In the past two months, global...

After gold’s incredible surge last week, it is now facing a critical test that will either prove or negate a new bull market in the yellow metal. The gold ETF SPDR Gold Shares (N:GLD) crashed...

The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index,...

That was a bit of a mess of a day. Certainly, for the bulk of the day, the market seemed to be repelled by even the thought of trading. We saw a marginal new low in EUR/USD and marginal high in...

Feb. 17, 2016USD/MAJORS - Boston Fed President Eric Rosengren earlier said that the Federal Reserve should be "unhurried" as it considers when to raise interest rates again given problems overseas and...

In a bit of an off week for top-tier US economic data, traders are likely to focus intently on the release of Wednesday’s FOMC minutes.The extreme market volatility we’ve seen so far in...

Last month when China’s exports “only” declined by 1.7% (revised) the entire orthodox world took it as a definitive signal for the long-awaited monetary stimulus effects. Whether it...

Gold prices are slightly higher on Tuesday, following sharp losses a day earlier. In the North American session, the base metal is trading at $1212.69 an ounce in the North American session. In...

As the prices for nickel and oil plunged in 2015, so did Sherritt International’s prospects of emerging on the other side of the commodity oversupply abyss. Sherritt’s main businesses are...