Market Overview

US stocks fell on Wednesday as investors were concerned over unresolved Greek debt crisis and turmoil in China’s markets. Trading on the New York Stock Exchange was halted for three-and-a-half...

Until a few weeks ago it seemed as though the FED was preparing to list interest rates mid year. This did not materialize however, and the spread between long and short term rates remained...

Investors love acquisitions, and for good reason.If you own the acquired company, your holdings typically see large returns. If you own the acquirer, potential synergies promise ever-higher...

Market Drivers July 09, 2015Gloomy comments suggest Greece may be sliding towards GrexitAU employment beats on all frontsNikkei 0.60% Europe 0.95%Oil $52/bblGold $1162/oz.Europe and Asia:AUD AU...

The oil price has dropped 7% since last Thursday and is still trading below USD60/bbl, which is the lowest level since April. Related to this, market-based inflation expectations are lower reflecting...

EUR/NOK has spiked significantly higher in move resembling the Dec 14 sell-offOur short-term financial model explains only 60% of the move. This suggests that the remaining 40% is due to an increased...

The minutes of the 15-16 June FOMC meeting confirmed the divergence that we saw in the FOMC projections and the strange disconnect between the relatively upbeat FOMC statement and Chair Yellen's...

The IMF has only one legitimate purpose that I can figure out: To continually write position papers and articles silly enough to keep bloggers loaded with material for rebuttal.The Wall Street Journal...

Daily BriefingCurrencies EUR/USD: The pair is trading below its downward trend line on a 30 minute time frame. The next resistance is at 1.1288 and the support is at 1.0885. USD/JPY: The pair has...

Asian markets have finally responded to the measures announced by the PBOC and we have a day when the Hong Kong index and Shanghai index both jumped solidly in a positive territory recording gains of...

The global capital markets have stabilized. Chinese and Japanese shares initially sold off, but both recovered. Chinese officials have thrown everything but the kitchen sink at the stock market in...

With Asian markets stabilising on the Chinese equity index rebound, the basic material sector today is amongst the key gainers. Near term risk remains skewed to the downside here, however, as the...

EUR/USDCurrent level - 1.1093 The bias here is still positive, as the pair is currently testing 1.1125 resistance zone. A break through the latter will unleash a rise towards 1.1290...

• Back in June, the Fed was still on track to tighten later this year The minutes of the mid-June FOMC meeting revealed that the Fed was still on track to begin raising interest rates later this...