Market Overview

The Fed states:Where existing surveys look at consumer sentiment and the decisions households make, their coverage of household expectations is limited; the Survey of Consumer Expectations seeks to...

NSW BoomThe wealth effect from a multi-year Sydney property market boom has sent trend retail turnover, new motor vehicle sales, building activity and total employment in the Premier State surging to...

S&P 500 forward earnings are highly correlated with the US index of Coincident Economic Indicators (CEI). The latter rose to another new record high during August. Previously, I have observed that...

We’re expecting a mixed start to the European session on Tuesday as traders eye the latest U.K. public finances data and speeches from members of the Federal Reserve and Bank of England.U.K....

Market Movers A very light calendar today in terms of data releases with euro area consumer confidence the only figure of interest. On the one hand consumer sentiment is supported by the very low oil...

So the Fed decides not to raise rates, and global stocks tank. Then they trot out their in-house PR staffer Jim Bullard to proclaim that rates will go up next month — and US stocks rally....

The current rate path from Norges Bank has a 68% implied probability of another 25bp rate cut and a 61% probability of a 25bp rate cut already at the 24 September meeting.We expect a 25bp rate cut at...

According to the latest report from Eurekahedge, the hedge fund industry outperformed underlying markets in the month of August by 4.85%. The outperformance YTD is 3.19%, because the MSCI World Index...

Overnight the S&P 500 futures opened about a handle lower and traded down over 11 handles to 1938.75 just above last week’s low of 1935 before rallying in the euro session opening the U.S....

The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday higher only if ES remains above its pivot, else lower. ES pivot 1956.83. Holding above is bullish. Rest of week...

Last night we heard from three Fed policy makers separately explaining their rationale for initiating liftoff at one of the Fed’s two remaining meetings of 2015 with the bulk of comments around...

Is something about to happen in Germany that will shake the entire world? According to disturbing new intel that I have received, a major financial event in Germany could be imminent. Now when I say...

The bulls are showing signs of running out of steam finally with the sell-off on Thursday following the FOMC statement which was followed by the huge gap down lower on Friday. Today looked as if we'd...

After years of waiting, I truly believe the wind is at the back of the bears now. Although I do not tend to use indicators, I glanced at some critical equity indexes to see what they were doing with...