Market Overview

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...

Talking Points:U.S. 2-Year Treasury yield rose to a four-year high Bond market participants pricing in Fed rate hikes FOMC monetary policy decision due on Thursday The United States two-year Treasury...

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...

While the process of fine-tuning turning points is never an easy one, when the need to ensure that related currencies - that aren’t necessarily in the same area of a particular structure –...

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...

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...

The Atlanta’s Fed’s GDPNow model raised its outlook for US economic growth in the third quarter to 1.5% in Tuesday’s update (Sep 15). That’s still a sluggish pace, but it beats...

The global economy has gone through a rocky road in the recent month (and actually, still continues to go through) with the People’s Bank of China (PBOC) allowing its currency to go through a...

Talking PointsGold finds support at Gann/pitchfork convergence S&P 500 vulnerable heading into FOMC GOLD: Rebounds From Gann Support I wrote yesterday (read HERE) about the cyclical set up in a...

One of the current myths promulgated by Wall Street is that the Federal Reserve will raise rates once this year, breathe a sigh of relief, and be done until the “12th of never”. But those...