Market Overview

The February employment report showed another strong gain in the number ofjobs in the US. Overall, job growth was 295,000 and, taking into account the small 18,000 downward revision to January...

Market movers ahead US retail sales have been weak of late, but we expect to see a pickup in February despite the severe winter weather. Industrial production numbers are likely to confirm the...

There are two main forces at work as the week winds down. The first is the ECB's confirmation of its asset purchases. This has renewed the rally in European peripheral bond markets and re-accelerated...

The US dollar has not been as strong as it is this morning for ten years following another day of gains yesterday, particularly against the beleaguered European single currency. EUR/USD has not been...

The Australian dollar is trading slightly lower today awaiting key employment data out of the US which may determine the timing of an interest rate hike by the US Federal reserve.AT 8.12am GMT the...

Today we get a read on the current US employment situation when nonfarm payrolls, unemployment and average weekly wages are released for the month of February.Nonfarm Payrolls: Currently Estimize is...

These New Highs Look Like The Old HighsThere has been much commentary over the past week as the S&P 500 reached new highs. The issue, for me, is that these "new" highs look much like the old highs...

As expected, the Monetary Policy Committee (MPC) just announced that it voted to maintain the Bank Rate and the stock of asset purchases at 0.50% and GBP375bn, respectively. There was no statement in...

The Bank of Canada's Key Rate Decision yesterday did not create the same surprise as the last meeting did. Governor Stephen Poloz kept the key rate at 0.75%, and praised his actions by stating that...

The ECB's Draghi failed to provide much fresh insight into implementation of its asset purchase program. The details will be posted on the ECB's web site later today.The more important information...

What should we expect for tomorrow’s February payrolls report from the US Labor Department? As usual, ADP’s estimate of job creation in the private sector offers a valuable clue. The...

It’s already been a busy week in the markets with plenty of high quality economic data being released, a rate cut from the People’s Bank of China and an attempt by the Saudi’s to...

In his speech at a conference in Sydney today deputy governor of the Reserve Bank of Australia Philip Lowe noted that wage growth in Australia remains slack, raising concerns amongst the Australian...

Forex News and Events The BoE and the ECB give policy verdict today and are both expected to maintain the status quo. The BoE will certainly be a non-event for the GBP-trader, especially given that...