Market Overview

The US economy to finally improve significantly? Despite the Fed’s resolute optimism, economic data for the past two months and a half did not paint a shining picture of the world’s...

Euro area composite index of manufacturing and services hit its highest level in more than four years in June on improvement in the region’s biggest economies.The Purchasing Managers’...

•Dr. Johnson was right Dr. Samuel Johnson, he of the 18th century English dictionary, once said, “when a man knows he is to be hanged in a fortnight, it concentrates his mind...

Equity markets have been and continue to front run a potential deal for Greece. But to say it’s ‘’cautious optimism’ belies the massive moves witnessed in equity indices...

Deal by the end of the week?The European data largely overlooked yesterday was consumer confidence, which came in slightly lower than expected at -5.6, unsurprising given the current drama in Greece....

Τhe dollar lost ground against most currencies on Monday, even after data showed that U.S. existing home sales rose more than expected in May to hit the highest level since 2009. The National...

Market BriefIn China, the long weekend did not calm down the bears. Mainland Chinese shares are being sold out during the Asian morning despite China’s June flash PMI improved marginally to 49.6...

In Asia, Japan saw a worse-than-expected preliminary June manufacturing PMI, while the preliminary HSBC manufacturing PMI for China beat slightly, though both were slightly below the 50 level,...

The prospect of a deal on Greece by Wednesday evening following months of tough negotiations is likely to keep the mood in the markets very upbeat this week.I don’t think it’s a...

Optimism on progress in Greece debt negotiation gave risk markets a strong boost overnight. DJIA rose 103.83 pts, or 0.58%, to close at 18119.78 while S&P 500 rose 12.86 pts, or 0.61%, to close at...

Market Movers Focus to stay on Greece following positive news yesterday (see more below). The 'Institutions' are expected to work hard towards a final agreement during the coming days, hence the...

USD/JPYToday’s support: - 122.40 (main). Break would bring 122.06, where correction is possible. After that 121.73, where a correction may also happen. Break of the latter will give 121.47. If a...

From this week onwards, we have merged our two weekly credit publications (Weekly Credit Update and Scandi High Yield Weekly) into one publication named Weekly Credit Update. This publication will...

During the session on Tuesday, we think that without a doubt, the biggest mover of markets will be the US Core Durable Goods numbers, as it will directly influence the stock markets and perhaps the US...