Market Overview

The chances of a disorderly Greek exit from the euro have risen materially in the past couple of weeks, in our view. And after the weekend's "No" vote, we now think the chances of that happening are...

The IMF this week recommended that the Federal Reserve delay its first hike in interest rates until we see “clear signs of wage and price inflation, and sufficiently strong economic...

The U.S. coal industry breathed a sigh of relief this week after the Supreme Court blocked President Obama’s proposed limits on mercury emissions from power plants under the Clean Air Act.The...

More than 1,300 China-listed firms call trading halts Wednesday Shanghai Composite Index opens 8% down to cap "terrible day," says Moltke-Leth Index down 30% since June 12 high as "state...

Market Movers The continued drop in Chinese stocks now adds to negative risk sentiment globally and will be the major focus in financial markets in addition to Greece. Regarding Greece, Eurogroup...

EUR/USDToday’s support: - 1.0980 (main), where correction is possible. Break would give 1.0955, where correction also may be. Then follows 1.0933. Break of the latter would result in 1.0908. If...

Market BriefSurprisingly, no deal has been reached between Greece and euro zone officials yet as Alexis Tsipras’ government didn’t have the time to submit a written proposal yesterday....

Daily BriefingCurrencies EUR/USD: The pair is trading near support zone of 1.096-1.094 on a 30 minute time frame. The next resistance is at 1.1288 and the support is at 1.0885. USD/JPY: The pair is...

Market Drivers July 08, 2015Greece has 5 day deadline to avoid bankruptcyChinese markets wreak havoc on risk FXNikkei -3.52% Europe 0.68%Oil $52/bblGold $1152/oz.Europe and Asia:JPY Eco Watchers 51...

Quantitative Financial Risk Management: Theory and Practice, edited by Constantin Zopounidis and Emilios Galariotis (Wiley, 2015) is a collection of 15 papers, written primarily by academics. The...

Any Given SundayCrunch talks in Brussels to bring about a solution to the Greek debt crisis failed yesterday as they have many, many times before and last chance meeting has been scheduled for Sunday....

Market Commentary Equities remain in the spotlight as China fears continue to roil markets; Europe down hard; major indices pressing the often watched 200 day moving averages; commodity collapse...

Is it a banana? In the 19th century, downturns were called “depressions.” However, the term got a bad name in the 1930s, and “recession” was coined. Alfred Kahn, one of...

We cannot remember having seen so many markets at critical points simultaneously. It is truly astonishing. Scary movie or turning points? We do not know for sure, but let’s review the strategic...