Market Overview

Last Monday, July 27, the Shanghai market suffered its greatest one-day decline in eight years, 8.5%. This followed a tumble that brought Shanghai shares down some 32% early in July from their peak in...

Yesterday, Prime Minister Stephen Harper launched what will be the longest federal election campaign since 1872 and consequently, the most expensive. This is a bold move, given that the Canadian...

American stock indices slipped on Friday due to weak macroeconomic and corporate releases. University of Michigan Consumer Confidence Index in July dropped against expectations. It happened because of...

Asian shares continued to decline amid concerns over China’s growth and the commodity selloff. China’s factories have cut back activity to a larger extent than previously expected during...

Market Movers• Today, final euro area manufacturing PMI figures will be released. Focus will be on the first release of the Italian and Spanish figures. In both countries, the manufacturing PMIs...

It would have been difficult to find anyone bullish on the Greek stock market as it opened today after 5 weeks in exile closing just before capital controls were imposed at the height of the crisis....

EUR/USDToday’s support: -1.0929 and 1.0913(main), where correction is possible. Break would give 1.0893, where correction also may be. Then follows 1.0867. Break of the latter would result in...

As the Bank of England moves closer to raising interest rates for the first time since 2007, the strength of sterling is causing disagreement among its policymakers over when to pull the trigger.The...

A partial rebound was in play in July after widespread losses dominated the global markets during the previous two months. Notably, last month witnessed a sharp increase in US real estate investment...

Ready for Super ThursdayThis week’s movements are crucial for both sterling and the US dollar. Thursday’s run of announcements from the Bank of England are set to give GBP volatility a...

Canada’s gross domestic product dropped 0.2 percent in May from the prior 0.1 percent contraction, while economists had called for a flat reading.Following the release of the data, the Canadian...

Euroarea core inflation rose more than forecast in July, giving some hopes that the ECB’s massive bond purchases program is becoming effective.Core inflation soared 1 percent, the fastest in 15...

Asian markets open the week generally lower as worry over China's economy continues. The MSCI Asia-Pacific ex-Japan index dropped as much as -1% and is heading back to this year's low made back in...

Dollar was mixed last week as traders sharply pushed back expectations of a September rate hike by Fed. By the end of the week, the markets are pricing in only 28% chance of September hike, comparing...