Market Overview

Market Movers The calendar is very light in terms of data. A three-day meeting in Germany for G7 finance ministers and central bankers will start today and conclude with a press conference on...

US equities tumbled sharply while dollar extended recent rise overnight. DJIA dropped -190.48 pts, or -1.04%, to close at 10841.54 after breaching 18000 handle briefly. S&P 500 lost -21.86 pts, or...

Without a doubt, the biggest economic announcement during the session on Wednesday will be the Bank of Canada interest rate decision. Because of this, the USD/CAD pair will of course be in focus,...

EUR/USDToday’s support: - 1.0845 and 1.0803(main), where correction is possible. Break would give 1.0784, where correction also may be. Then follows 1.0755. Break of the latter would result in...

The softer pace of economic growth in Germany and the implications for the future are in focus today with the monthly update of the Gfk Consumer Climate Index. Later, the US economy moves to the fore...

I noticed Noah Smith and John Authers on Twitter) discussing how great the Efficient Market Hypothesis is because it explains why indexing works. I responded saying that the EMH really has nothing to...

France was in a bind.In the early 1700s, the country had run up astronomical debts from endless wars with the British. They needed money… desperately. So, John Law — the first central...

By now, we all know the story of China's troubles. China achieved its stunning growth through a combination of the adroit utilization of cheap surplus labor and financial repression, which financed...

This morning's release of the April New Homes Sales from the Census Bureau at 517K was 7K above forecast, with the previous month an upward revision. The Investing.com forecast was for 510K sales,...

The Latest Conference Board Consumer Confidence Index was released this morning based on data collected through May 15. The headline number of 95.4 was a small increase from the revised April final...

Bank of Canada Key Rate Decision at 10 a.m.North-American markets had a difficult day yesterday, because positive economic indicators increase the likelihood that the U.S. Federal Reserve will tighten...

The major central banks of the world have been easing their monetary policies significantly since the financial crisis of 2008. They’ve succeeded in averting another financial crisis so far....

We all know the difference between reality and wishful thinking. Many of us know just how quickly the jaws of reality can crush the life out of unicorn and fairytale stories when fiction is used to...

Today the Richmond Fed Manufacturing Composite Index squeaked back above the flatline with a 4 point increase to 1 from last month's -3. Investing.com had forecast a rise to 0. Because of the highly...