Market Overview

Watch out! That is what the headline said on the cover of the latest edition of The Economist (June 13-19, 2015). The world is not ready for the next recession. The Economist went on to declare...

Technical Developments to Watch:EUR/USD peeking above 1-year bearish trend line, but Greece concerns loom GBP/USD holding at a new YTD high near 1.5900 USD/JPY marking time between 123.00 and...

As we move toward the second half of 2015, signs of financial turmoil are appearing all over the globe. In Greece, a full blown bank run is happening right now. Approximately 2 billion euros were...

The US dollar struggles, despite the Federal Reserve's upgrade of its economic assessment and confirmation that it still anticipates raising rates this year. At the same time, the Greece situation has...

The Fed, more politician than economist, largely maintains confidence by saying what people, even they, want to hear. The job market, following an economy showing signs of deterioration near extreme...

Many in Europe continue to believe in the permanence of the Eurosystem. The Bank of Greece is controlled by the ECB, and its assets and liabilities will always be consolidated into the Eurosystem. By...

Market movers ahead The market will be watching the emergency EU summit scheduled for Monday for a possible deal between Greece and its creditors to extend the Greek bailout. In China, we expect...

What exactly does it mean for a big Wall Street bank to plead guilty to a serious crime? Right now, practically nothing.But it will if California’s Santa Cruz County has any say. First, some...

It's crunch time - we still expect a deal between EU and Greece We should see a decent rally in stock markets and tighter peripheral spreads following a deal US growth is rebounding - we still look...

It’s been a rather bizarre start to the trading session on Friday, as all the negativity around more failed Greek talks, possible default and capital controls over the weekend is met with strong...

The outlook for the US economy has hit a rough patch lately, according to some indicators, but you wouldn’t know it from the weekly updates on jobless claims. This leading indicator continues to...

This mix of overt and subtle withdrawal of market support is a key macro driver of recent increased volatility. Aside from Euro-Greek fiasco this week, there has been a handful of Central Bank rate...

Sterling powers on, Dollar stabilisesSterling continued to be the G10’s golden child yesterday as retail sales came in slightly better than expected, which along with the more positive Bank of...

Forex News and EventsSNB left monetary policy unchanged Unsurprisingly, the Swiss National Bank left unchanged its monetary policy by maintaining the 3-month Libor target range at between -1.25% and...