Market Overview

As argued in the first paper, a Fed hike next week seems like a done deal and if so, we believe attention will quickly shift to the updated Fed projections and, in particular, the so-called 'dots'...

New 11-year low for the loonie!Bank of Canada Governor Stephen Poloz struck a rather optimistic tone yesterday in a speech given in Toronto. He said that the Canadian economy, at least for the time...

This presentation gives a short introduction to the Fed's theoretical thinking. The so-called neutral real interest rate is key to understanding why we expect the Fed to increase the Federal funds...

As many do at the end of a year, I’ve been thinking and trying to process the year in which we’ve had. As a professional money manager and someone whose heart and soul lives within the...

The US dollar continues its mixed performance. The fragile stability of commodity prices today is not lending much support to the Australian and New Zealand dollars though the Canadian dollar is flat...

CurrenciesEUR/USD: This pair is trading below its downward trend line on a 4 hour time frame. The next support is near the 1.0657 level and the resistance is 1.1085. USD/JPY: The pair has formed a...

EUR/USDCurrent level - 1.0932 The rebound above 1.0790 is still intact, heading for a test of 1.0980 resistance area. A break through the latter will signal a positive outlook for 1.1100...

The FTSE is having trouble rebounding off the two week lows as miners attempt to retrace yesterday’s losses. The recovery in the energy and miner stocks is on a bumpy path given the resurging...

Market BriefIt was a relatively quiet session in Asia after the sharp movements on Tuesday as risk-off sentiment spread. The US dollar appreciated against EM and commodity currencies and lost ground...

• Crude oil price falls to a seven year low After crude oil peaked at almost $108/barrel in 2014, a massive increase in global production has led prices to currently trade at $40/barrel. The...

If something very strange happens and continues over an extended period, people get accustomed to it and come to view it as normal. That’s especially so when the strange set of circumstances is...

The German trade balance figures for October are published this morning. Focus will be on export growth, which rebounded somewhat in September after the August figure showed the largest monthly...

Sterling remains under some pressure after yesterday's production data that raised some concerns over the momentum of UK economy. The British Chambers of Commerce also lowered growth forecast for the...