Market Overview

The November Nonfarm Payroll report crosses Friday at 8:30 EST (13:30 GMT) with expectations centered on a headline print of 201k after last month’s blowout 271k reading. My model suggests that...

As the manufacturing recession becomes more and more unassailable (and I mean that in more than one way), the fact that it still shows no end or let up suggests still greater difficulty beyond...

Yesterday, we asked whether Saint Draghi would bring a shiny new present or a lump of coal to expectant EUR/USD bears. Today we learned that the bears must have been much naughtier than they had...

Market participants knew that volatility would rise today with the ECB meeting. What they got was far worse than could have been anticipated.It started with a report from the Financial Times a few...

Private nonfarm payrolls in the US are projected to increase by 193,000 (seasonally adjusted) in tomorrow’s November report from the Labor Department, based on The Capital Spectator’s...

Bank of Canada maintains courseThe BoC kept its key rate unchanged at 0.5% yesterday and reiterated that “the economy continues to undergo a complex and lengthy adjustment to the decline in...

US stocks dropped on Wednesday as falling oil prices weighed on energy stocks and Federal Reserve Chair Janet Yellen’s remarks indicated the central bank is on track to raise interest rates in...

Following the ECB meeting on 3 December we will host a conference call during which we will discuss the details of the menu of aggressive easing that Draghi is expected to deliver. We will also talk...

The 30-day moving average of the Effective Fed Funds rate is inching higher for the first time since early September. The revival of the upward bias for this key rate, although slight, is significant...

One of my favorite television shows right now is The Blacklist on NBC. The main character in this spy thriller, Raymond Reddington, is prone to deliver thought-provoking monologues that have many...

The Brazilian stock market has suffered over the last 5 yearsSource: Short Side of Long Unless you’ve been living in a cave, it shouldn’t be a surprise to any of us that the Brazilian...

• ECB to unleash fresh stimulus All eyes will be on the ECB policy meeting in what is probably the most highly anticipated Bank meeting after the US Fed gathering in mid-December. The market is...

Market BriefAfter a very quiet start of the week, we finally got some volatility in the FX market yesterday as traders reacted to Janet Yellen comments. It seems now that a rate hike in December is...

Forex News and EventsThe Fed has never been that close to raising rates Fed Chair Janet Yellen reinforced the market thinking that December 16th would see the first interest rate hike in nine years....