Market Overview

The yield on the U.S. 30-Year Treasury Bond has rallied more than 35 basis points since late-August:However, there is good reason to believe there isn’t much risk of more upside in bond yields...

The September meeting of the Federal Reserve is halfway done and at 7pm BST we will have the latest policy announcement from the world’s most important central bank. Markets are still doubtful...

FOMC Thursday has arrived. The day markets get a decision out of the most anticipated, divided and unknown Fed meeting in years!Today the US Federal Reserve will make their call on whether to provide...

Optimism Ahead of the FedAsian markets are doing well today in cautious positioning ahead of the Fed rates decision, with currency moves in particular reflecting the general feeling that rates will be...

The dollar is mildly lower as markets await the highly anticipated FOMC rate decision today. As of yesterday, Fed fund futures pointed to 23% chance of a hike to 0.50% in this meeting and 39% chance...

The day we’ve all been talking about for months has finally arrived and the mood going into it is fairly upbeat, although I do expect to see plenty of caution from traders as the day...

A modest decline is expected for US housing starts for today's August update US jobless claims on track to be close to a four-decade low to mid September In addition to rates decision, the Fed also...

While the US economy should be ready for it, the Fed is not geared up to deliver the first rate hike this week in our view. No hike and lower 'dots' will guide the initial reaction in EUR/USD and send...

Bubble baths are good, but taking a bath because of a price bubble … not so good.Robert A. Jarrow has taken a close theoretical look at the phenomenon of asset pricing bubbles. Everybody talks...

Price action in European and US equity markets suggests no one wants to be left behind if the Federal Reserve announces something risk friendly.More focus has been placed on the idea that the Fed...

The Bureau of Labor Statistics released the August CPI data yesterday morning. The year-over-year unadjusted Headline CPI came in at 0.20%, little changed from 0.17% the previous month. Year-over-year...

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This...

The Census Bureau has now released its annual report household income data for 2014. It is posted on the Census Bureau website. What we're featuring in this update is an analysis of the quintile...

Greetings from Toronto! I am visiting our accounts here on Wednesday and Thursday, and going to see our accounts in Cleveland on Friday. I guess I should have stayed home to watch Yellen’s...