Market Overview

What I find fascinating is our limited ability to make sense of trends unfolding in real time. During our recent breakfast meeting in Berkeley, author/blogger Jim Kunstler suggested that the coherence...

The €64,000 Question:Yet another breakdown in talks between Greece and their European overlords begs me to ask the question, is a Grexit actually a blessing for the euro? Going one step further,...

The Fed continued its zero interest rate policy and provided few, if any, other than vague clues in either Chair Yellen’s press conference or in the statement itself about the exact timing for...

Japanese companies are increasing their spending on new capital assets as they observe brisk profits from replacing aging facilities and equipment, leading to more promising economic growth for...

Greenback under pressureJudging by markets’ reactions, the Fed’s rate announcement yesterday was another disappointment. Fed Chair Janet Yellen refused to commit to a firm schedule for...

SNB kept all rates unchanged at its meeting today, as widely expected. Both the Libor target midpoint and the sight deposit rate were kept at -0.75%.EUR/CHF little changed on the decision, reflecting...

The messages from the Fed are getting crowded, decreasing the visibility for the Fed’s policy path in the second half of the year. Although perceived as dovish, the common sense would suggest...

U.S. futures are pointing to a slightly higher open on Thursday, while in Europe, we’re seeing further losses, as fears that Greece will default on its debt weigh on investor sentiment. It was...

Talking Points:US Dollar Breaks Range Floor, Drops to Lowest in a Month S&P 500 Recovery Capped at Trend Line Resistance Again Gold, Crude Oil Continue to Mark Time at Familiar Levels US DOLLAR...

The Federal Reserve concluded its Federal Open Market Committee yesterday, announcing at a press conference that contrary to market expectations, U.S. interest rates would rise at a slower pace....

The US dollar has continued to sell-off post-FOMC meeting against most of the major currencies. The euro traded above $1.14 for the first time in a month. Sterling moved above $1.59 to new highs for...

US futures are trading lower this morning after dovish picture which Miss Yellen decorated yesterday. Lowering the growth forecast has jammed the trader’s appetite towards riskier assets....

A typical FOMC evening is over and now trades are looking beyond this evening, but will closely monitor all the factors which Miss Yellen mentioned yesterday. She has confirmed that two rate hikes...

Forex News and Events FOMC meeting: more dovish than expected Yesterday, the Federal Open Market Committee maintained the federal funds rate’s target range between 0 and 0.25%. Most market...