Market Overview

The dollar was hit after weak data on Friday showed that the U.S. economy grew less than forecast in the fourth quarter and consumer sentiment dropped lower this month. The Commerce Department...

EUR/USDToday’s support: - 1.0834 and 1.0806 (main), where correction is possible. Break would give 1.0780, where correction also may be. Then follows 1.0756. Break of the latter would result in...

The Japanese yen and Swiss were the biggest winner last week as markets were hit by risk aversion. Dow Jones 30 suffered big weekly loss of -415 pts or -2.3% to close at 17712.66. S&P 500 also...

Asian markets open mildly firmer as Nikkei 225 is trading 50 up at the time of writing while HK HSI is up more than 1%. The forex markets are steady ahead of a event packed and holiday shortened weak....

Monday’s a moderately busy day for economic news, including the first look at business sentiment data for March via the European Commission’s monthly estimate. Later, two US releases will...

Janet Yellen's speech on policy normalisation late Friday evening repeated many of the messages from the March FOMC meeting, see Highlights from Fed Chair Yellen's speech, 29 March.. Yellen repeated...

We expect the Riksbank to lower the repo rate to -0.3% and expand the QE programme by another SEK30bn within three months on a combination of uncomfortably low inflation, inflation expectations and...

MARKET SNAPSHOT:UP NEXT: TECHNICAL ANALYSIS: GBP/CAD: Confirms change of near-term trend Friday broke above the prior swing high and bearish trendline to suggest a change in trend is taking place....

European indices are eyeing a strong start to the week, following a positive close in Wall Street on Friday and similarly strong session in Asia overnight. Friday’s late surge came as a result...

Looking at the session for Monday, there isn’t much in the way of economic announcements to move the marketplace. However we do have Core Personal Consumption Expenditure or Core PCE out of the...

US NFP is expected to be around 251K, and with the Feds not likely to change policy for at least the next meeting, today’s NFP report will probably not be a strong market mover unless we get a...

US ISM Manufacturing PMI is a leading indicator, but with Nonfarm Payroll Report scheduled on Friday, a strong surprise today will surely add to the speculation of a strong release on Friday, and vice...

US ADP NFP Employment Change usually correlates with Friday’s Nonfarm Payroll Report by the BLS (Bureau of Labor Statistics). If we get a strong release, we should see plenty of support for the...

UK Manufacturing PMI is a strong news catalyst for the Sterling, especially considering the timing of the release at the first trading day of the month. If we get a strong/weak surprise, we should...