Market Overview

Oil prices continued their descent on Monday as production remains near record levels and signs that US shale producers are withstanding the current slump in prices. The number of active oil rigs in...

The Swedish National Institute of Economic Research (NIER) is due to release the December business and consumer confidence surveys and a new economic forecast.The Swedish winter has been pretty warm...

The financial markets are relatively steady as the holiday shortened week starts. Nikkei was sold off deeper in early trading in reaction to the selloff in US stocks last Friday. But sentiments...

Ongoing concerns about risks in the high yield debt sector and doubts over earnings into 2016 appear to have derailed US stocks on Friday. The weakness in US stocks has not breathed confidence into...

Seven trading days of the year remain (it should be eight, however Christmas Eve and New Year’s Eve are half days), so where is the ASX likely to finish?US trade Triple witching on Friday couple...

Not long ago, my colleague, Alan Gula, wrote that the U.S. banking system was the envy of the world.Is this right? Well, it all depends on how you measure banks. After all, there are many ways to peel...

I am sometimes puzzled as to why the Atlanta Fed GDPNow Model moves counter to what one would normally expect following economic news releases.For example, on December first, construction spending hit...

If the stock market crash of last Thursday and Friday had all happened on one day, it would have been the 7th largest single day decline in U.S. history. On Friday, the Dow Jones Industrial Average...

A global survey by PwC and the Alternative Investment Management Association looks at the expansion of the hedge fund industry and the evolution of its distribution model.The most eye-catching...

Thursday saw another example of tone-deaf decision making by the management of an MLP. Teekay LNG Partners LP (N:TGP) is an operator of ships that transport Liquified natural gas, petroleum gas and...

We basically have a three-day week this week. Obviously, Friday is an almost universal break, Thursday is generally a half-day and that just leaves the first three days for trading but mostly there is...

The broad interpretative framework we developed since late 2014, one that centers the dy-synchronization of the major economies, will retain its usefulness into the New Year and beyond. The first...

The Bank of Japan was the fourth major central bank to meet this week. Sweden and Norway kept policy unchanged. The Fed hiked. The BOJ was not expected to do anything. Governor Kuroda surprised the...

I was on record stating a belief theFed would effectively hike by 1/8 point. I had that belief because that is what the Fed Fund Futures implied.Regardless, I was wrong. If someone is going to prove...