Market Overview

Dollar dipped by ObamaDespite the obvious frustrations coming from the Greek situation, euro has remained largely on the front foot following comments that President Obama had concerns that the US...

Asian equities are broadly lower following the weakness in US stocks overnight. Nikkei is down -0.8%, or 164pts at the time of writing while HK HSI is also down -0.8% or -222 pts. DJIA closed -0.46%...

EUR/USDToday’s support: - 1.1202, 1.1160, and 1.1115(main), where correction is possible. Break would give 1.1086, where correction also may be. Then follows 1.1058. Break of the latter would...

USD has the usual post-NFP reversal It’s the usual pattern. Over the last year (at least), whatever way EUR/USD has moved on payroll Friday, it’s reversed the movement the following Monday...

Market BriefIn the Asian session, the dollar paired losses against most G10. Only the Aussie and the kiwi didn’t manage to take advantage of the current dollar’s weakness. AUD/USD lost...

China’s consumer inflation eased while producer prices stayed stubbornly in deflation in May, bolstering the case for fiscal stimulus as the world’s second-largest economy shrugs off...

The iTraxx Main and Crossover-index widened 2 and 14bp respectively during the last week. The Greek 10-year widened about 40bp on Friday after Greece notified the postponement of its payment to the...

Market MoversFocus remains on Greece. The President of the European Commission, Juncker, has insisted that a detailed counter-proposal from Greece is needed for the negotiations to move ahead. Near...

Most commentary on the housing markets — from the industry, from analysts, from the media — all give the impression that the housing crisis is well behind us. One economist in U.S. News...

It’s a slow day for economic releases in Europe, which means that today’s revised data for Q1 GDP is the main event. Later, a couple of US numbers will shed new light on the prospects for...

Was the pool party rained out? Or did he find some long duration bonds in his investment account?After last week’s historic move higher in interest rates, you would get the same reaction from...

Talking Points:US Dollar Digesting in Choppy Range After Hitting 7-Week High S&P 500 Extends Decline for 3rd Straight Day, Hits Monthly Low Gold Hits 3-Month Low, Crude Oil Marks Time at Trend...

Central banking has truly taken over the entire planet. At this point, the only major nation on the globe that does not have a central bank is North Korea. Yes, there are some small island countries...

How would you like a loan at an interest rate of 600%? What rational person would agree to such terms? Some do. Here is a screenshot of a local payday loan website: It turns out that extreme stress...