Market Overview

U.S. futures are pointing marginally higher on Wednesday, paring some of the losses made on Tuesday in response to Yellen’s unwavering hawkish stance and growing Greek concerns. With little new...

Going by the first-quarter 2015 financial figures, the Medical sector has topped the charts with an earnings beat ratio of 78.4% and revenue beat ratio of 60.8%. We particularly note the impressive...

A light bout of profit-taking has seen yesterday's strong dollar gains pared. Yesterday, the Dollar Index rose 1.3%, its biggest single day rise since July 2013. There has been a dearth of fresh...

BoE can only turn more hawkishQueen Elizabeth II will reveal the new government’s agenda today; Conservatives will then officially start their second term in the government escorted by political...

Daily BriefingCurrencies EUR/USD: The pair is trading in a support zone (1.0995-1.0949) on a 60 minute time frame. The next resistance is at 1.1326 and the support is at 1.0949. USD/JPY: The pair is...

European markets and U.S. Futures are trading modestly higher this morning as the political and monetary policies weigh. The Greek government is still in a constant battle with its creditors to strike...

Market BriefThe latest data from the US were broadly mixed, with April Durables Goods Orders matching expectations at -0.5%m/m (4% prior). Markit (NASDAQ:MRKT) Flash Services PMI came in below...

It’s not about when; it’s about the path to get there.Suppose the Fed lifts rates on the short end of the yield curve by a quarter point in September. Or December. Will it really make a...

Talking Points: Dollar Rally Extends And Breaks Key Levels Along the Way Euro: Greece Risk of an Accident Growing Japanese Yen Pairs Conviction Uneven but USD/JPY Propelled to 7-Year High Dollar...

European futures are pointing marginally higher on Wednesday following a broader sell-off in the previous session as investors begin to seriously consider the prospect of Greece failing to make...

At the beginning of every quarter Wall Street places its overly optimistic GDP forecasts on parade. And by the end of the quarter, those same carnival barkers line up a myriad of excuses as to why the...

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,...