Market Overview

Waiting on MarioThe pre-event malaise that falls over currency markets in the lead-up to big announcements is starting to creep in. A poor US manufacturing release yesterday afternoon twinned with...

Dollar weakened mildly overnight on comments from a Fed official as well as disappointment from manufacturing data. The dollar index is trading back below 100 handle for the moment but stays well...

The flash estimate for euro-area HICP inflation in November is due for release and we expect headline inflation to increase to 0.2% y/y. The increase should be driven by the volatile food and energy...

Today’s flash estimate for Eurozone inflation will be closely read ahead of tomorrow’s policy announcement from the European Central Bank. Later, the ADP Employment Report will provide...

Against expectations, ISM manufacturing in November declined to 48.6 in November from 50.1, which is the lowest level since June 2009. It is the first time since 2012 that the ISM manufacturing index...

The latest IMM data cover the week from 17 to 24 November 2015.IMM positioning data released yesterday reveal the fifth consecutive week of bearish EUR builds sending speculative positioning in the...

Despite the strong performance of US equities, Asian markets got off to a rocky start after the big miss in the US ISM PMI threw some questions up around the inevitability of the December Fed rate...

In November, the Dow Jones Industrial Average rose .2%, the S&P 500 was flat, and the NASDAQ composite increased .8%. The United States economy continues to grow at an annual rate in the range of...

CurrenciesEUR/USD: This pair has broken its 50 day moving average on a 4 hour time frame. The next support is near the 1.0518 level and the resistance is 1.0899. USD/JPY: The pair has formed a...

If you are thinking that if there is any element which one can say is mutual between the European Central bank and the US Federal Reserve bank is this that they are meeting for the last final time...

On November 9, the OECD issued its twice-yearly Economic Outlook statbook, updated for projections into Q3 for most national economic accounts. Despite past enthusiasm for global prospects in 2015,...

One of the most important banks in the western world says that the 7th largest economy on the entire planet has entered a full-blown economic depression. Brazil’s economy has now contracted for...

Look out below, for even with bloated federal spending, the real economy has hit stall speed. What do we mean when we say the U.S. economy is at stall speed? Stall speed refers to the air speed and...

Sell the rumour, and buy the news! The rumour was a possible IMF decision to include the yuan as a component of its SDR. The news is out, and the news is good; the IMF has decided to include the yuan...