Market Overview

Today’s ADP nonfarm employment figure is the latest data point to confirm the downward trend in US hiring after a substantial deceleration in the pace of job creation. The ADP number, which...

In yesterday's post I discussed the impact of rate increases on the financial markets given a low economic growth environment. "Secondly, what David's analysis misses is the level of economic growth...

Federal Reserve Chair Janet Yellen said long-term interest rates are low and could jump when the central bank raises its benchmark rate.“Long-term interest rates are at very low levels,”...

The UK election looks to be the closest fought in decades as Labour tries to wrestle back power from a Conservative government that in its five years in power has struggled to win over the electorate....

In a speech yesterday, Bank of Canada Senior Deputy Governor Carolyn Wilkins tempered the recent optimistic comments by Governor Stephen Poloz, stressing that weak job creation in Canada is a sign...

Forex News and Events Vicious circle The largest economy in Latin America experienced a sharp slowdown in the first quarter and is apparently not out of the woods yet, as suggested by the latest...

The Washington Post wonders if the US has fallen into a new recession. The motivation for asking is the stall-speed growth in first-quarter GDP, which increased by a slim 0.2%. The fractional gain is...

Crédit Agricole: Increase Of 3% In The Profits Of The First QuarterCredit Agricole (PARIS:CAGR) SA PK (OTC:CRARY) saw a small rise in its profitability for the first quarter, as strong gains in...

More cautious in the long end and in yield curve flatteners.Close ASW spreads with a profit.Money market rates have moved too much.Long-end linkers are trading expensive.To Read the Entire Report...

Market movers today In the euro area the final service PMIs are published. Focus will be on the first release of the figures in the periphery. In Italy, the service PMI has lagged the progress in the...

EUR/USDToday’s support: -1.1160, 1.1128 and 1.1115 (main), where correction is possible. Break would give 1.1103, where correction also may be. Then follows 1.1070. Break of the latter would...

Investors are wondering if there will be a day when the headlines will not talk about Greece and this will not impact their trading decision. From White House to Berlin, everyone is talking about...

Rising yields go along with rising oil pricesUsually there is a consistent theme throughout the financial markets. It’s hard to explain what’s going on now however. The most notable point...

Market BriefNZD/USD got hammered last night after the release of softer-than-expected labour data. In the first quarter, unemployment rate increased to 5.8% verse 5.5% expected (prior read revised up...