Market Overview

There is, however, a general belief that there are four big indicators that the committee weighs heavily in their cycle identification process. They are:Industrial Production Real Personal Income...

Greece pays IMFThe imminent crisis has been averted. Greece has permitted the treasury to make a loan payment of 757 million euros that it owed to the International Monetary Fund. In addition,...

Since July of last year, the Dow Jones Industrial Average has experienced 16 price moves ranging from 600 to 2000 points, eight up and eight down. Twelve of those moves have taken place in the last...

For the most part of yesterday it was probably better to get back into bed and sleep. Even if you decided to watch the market, there’s a good chance that the market would have sent you into...

Many years ago, before China emerged, the price of copper was driven mostly by demand from the US housing industry. Could it be that US housing starts are taking off, which is why copper is firming?...

Morning View:EUR/USD continues to take a hit as Greece has once again failed to make progress at the most recent Eurogroup meetings. Potential for default blah blah blah. Ignore the date on any...

The busy summer travel season is at our doorstep and with that comes stronger fuel demand.Back in March I shared the fact that Americans drove a record 3.05 trillion miles on U.S. highways in January...

So here we are.The GDP of the United States is approaching $18 trillion (17.8 is the most recent estimate, and that is before many forthcoming revisions). That estimate reflects the known effects from...

EM assets are again being pulled in two directions. EM equities are getting a boost from the PBOC rate cut over the weekend, while EM currencies are starting off soft this week as the strong US jobs...

As expected, the Monetary Policy Committee (MPC) voted to maintain the Bank Rate and the stock of purchased assets at 0.50% and GBP375bn, respectively. We will get much more information about the...

Lower Chinese rates should support the AussieWe had a flash start to the week with China cutting its rates for the third time in 6 months. The one year lending rate has been lowered from 5.35% to...

It looks to be a quiet Monday following a quiet overnight session with little data due out to possibly jump start the price discovery. Currently most of the energy complex is at or near unchanged from...

Forex News and EventsTories' victory raises uncertainty UK General election is finally over, stock prices recovered their pre-election levels and implied volatility on ATM GBP/USD options returned...

US futures are pointing to a slightly lower open on Monday following a big rally into the end of last week on the back of an encouraging April jobs report.There’s probably a number of factors...