Market Overview

1. Given the large moves in prices shortly after the CFTC reporting period ended on 1 December renders the latest Commitment of Traders report more dated than is usually the case.2. The Thanksgiving...

Findel's (L:FDL) shares responded positively to the announcement of the sale of Kitbag and the arrival of Sports Direct (L:SPD) on the share register at the end of September with an 18.9% stake....

Today's jobs report was the last key release ahead of the FOMC meeting on 15-16 December and should make the Fed feel comfortable about raising the Federal funds rate target for the first time since...

The Riksbank is not likely to move until April, after the ECB.We revise our inflation outlook. We keep our positioning unchanged for the time being. We look at the Riksbank's Per Jansson and the...

ECB disappointed this week by delivering a rather 'light' menu of easing measures.We nevertheless think that this marks the end of ECB easing as the euro recovery is set to gain traction in...

After yesterday’s massive ECB-induced moves across all markets, traders were a bit shell-shocked heading into the always-important Nonfarm Payrolls report. Today’s jobs report was even...

U.S., European and Asian stock markets tumbled after the European Central Bank fell short of expectations in the expansion of the Eurozone’s current stimulus program. While shares fell, the euro...

EUR/USDCurrent level - 1.0888 The reversal at yesterday's low at 1.0513 set the beginning of a massive rise, all the way up to 1.0980 and current pullback should be considered corrective, preceding...

The only way to explain the largest swing in the euro in six years yesterday is to appreciate the disconnect between what was expected and what was delivered by the ECB. Draghi's urgency and...

DOW + 369 = 17,847S&P 500 + 42 = 2091NAS + 104 = 514210 YR YLD – .05 = 2.28%OIL – 1.01 = 40.07GOLD + 25.30 = 1087.90The economy added 211,000 jobs last month, beating estimates of...

The US job report is a key release ahead of the FOMC meeting on 16 December. A slower rate of job growth seems plausible and we estimate a November increase in non-farm payrolls of around 175,000,...

OPEC will most likely announce unchanged production quotas today, and thus the OPEC (Saudi) price war will continue near term. This is widely expected and oil prices should be little changed on this...

EUR/USDToday’s support: -1.0878 and 1.0834(main), where correction is possible. Break would give 1.0806, where correction also may be. Then follows 1.0755. Break of the latter would result in...

The Draghi DisappointmentYesterday’s ECB meeting has seen the euro spike dramatically after the latest policy announcement was a profound disappointment. Deposit rates were cut by 10bps (less...