Market Overview

Each week I read dozens of transcripts from earnings calls and presentations as part of my investment process. Below is a weekly post which contains some of the most important quotes about the economy...

The capitulation of Greek Prime Minister Tsipras to the demands of the official creditors has split the Syriza coalition. About a quarter of the party refused to make the apparent U-turn with the...

We assert that it will be impossible for the Fed to raise rates this year if U.S. crude oil remains below $48.00 -- even if the next nonfarm payrolls come in between 200K and 300K. The October-March...

I certainly don't remember any economic reports in April, May or June that make me think it's a huge winner but Q1 was -0.2% and the S&P 500 has climbed from 2,060 on April 1 to 2,125 (3.1%) on...

US stocks ended higher on Wednesday as Federal Reserve left the rates unchanged and stated the US economy continued to strengthen. The US dollar strengthened, with the ICE US dollar index, a measure...

The statement released by the U.S. Federal Reserve yesterday following two days of FOMC meetings resulted in a key rate that was unchanged and an appreciation that the institution is positive about...

Shanghai Shipping Exchange launched “Belt and Road “shipping indicesOn the last Wednesday of July, Shanghai Shipping Exchange started two new shipping indices called the “Belt and...

With the Federal Reserve opting to remain coy on Wednesday, investors once again find themselves studying the economic data and trying to determine whether it satisfies policy makers requirements in...

Fed leaves rates unchanged:Yesterday at the FOMC meeting, the Fed did not make any changes concerning its monetary policy. The interest rates remain unchanged at 0.25%. Yet, what was more expected was...

Market BriefUSD continues to find buyers post-FOMC meeting. The Feds accompanying statement was encouraging for US hawks as the committee upgraded its view of the housing and labor markets. However,...

• Fed makes a subtle point to keep September rate hike possibilities open The dollar initially fell following the release of the statement following the FOMC meeting. Although the discussion of...

Market Movers In the US the first estimate for Q2 GDP is expected to show an annualised increase to 2.5% q/q from -0.2% q/q in Q1. Consumer spending is likely to have been a major positive contributor...

Yesterday’s FOMC statement did exactly what many expected and offered little new insight into the Federal Reserve’s interest rate intentions, instead putting all of the emphasis on...

EUR/USDToday’s support: - 1.0958 and 1.0934(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...