Market Overview

Dollar extends recent rally while stocks tumbled sharply overnight as markets continued to build up expectations for Fed to drop the word "patient" in the FOMC meeting next week, after that March...

Taper tantrum or rate hike tantrum or is it just Deja vue. The fact is no matter what you want to call this, the kind of sell off which we experienced yesterday, and the one which we are going to have...

Euro leading indicators continue to improve whereas US has softened. Japan is recovering and China shows tentative signs of bottoming. Looking ahead, we expect further recovery and a rise in PMIs in...

A continuation of strong credit markets. Peripheral government yields and corporate spreads tighten in anticipation of QE. Strong unemployment numbers in US push yields wider and strengthen the...

On the back of significant underperformance of the SEK 10Y segment and higher SEK volatility levels, we suggest: Selling a 6m10Y SEK payer swaption with strike ATMF (1.25%), and buying a EUR 6m10Y...

A quantitative run through of the Swedish fixed income market, starting with the Riksbank and money markets before moving on to government and mortgage bonds. To Read the Entire Report Please Click on...

Reader Patricia is wondering about a recent ZeroHedge article, The Global Dollar Funding Shortage Is Back With A Vengeance And "This Time It's Different".The last time the world was sliding into a US...

Britain’s economy is set for a return to the headlines with today’s update on industrial activity for January. Later, a couple of US releases will shed new light on the trend in the...

Prices don’t change when fundamentals change. Prices change when expectations change and the latter could change for various irrational reasons. By the time expectations are confirmed or...

The US Commerce Department's Monthly Wholesales Report for January 2015 shows sales are down while inventories continue to rise. Wholesale Trade Sales Sales down 3.1% from the revised December...

The latest issue of the NFIB Small Business Economic Trends is out today. The March update for February came in at 98, a fractional change of 0.1 point from 97.9 the previous month and off the...

Note from dshort: I've updated this commentary with the latest numbers from last week's Employment Report.The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor...

Note from dshort: I've updated this commentary with the latest numbers from last week's Employment Report.In my earlier update on demographic trends in employment, I included a chart illustrating the...

Are we on the verge of an unprecedented global currency crisis? On Tuesday, the euro briefly fell below $1.07 for the first time in almost a dozen years. And the US Dollar Index continues to surge...