Market Overview

China has set its gross domestic product (GDP) growth target at “around 7 percent” for 2015 – the lowest in 11 years – focusing on quality over quantity as it overhauls its...

The euro dropped sharply ahead of Thursday’s European Central Bank (ECB) policy meeting, leading some analysts to anticipate a rapid decline to parity against the U.S. dollar.“The euro is...

EUR weakens ahead of European Central Bank meeting The notable feature of the market yesterday was the euro’s weakness ahead of the ECB meeting today. This suggests to me that the FX market...

The euro was smacked hard yesterday ahead of today’s European Central Bank meeting. Mario Draghi and the rest of the ECB are expected to announce further details of their EUR1.1trn asset...

Market movers today Focus will be on the ECB meeting, although it is expected to be much less interesting than the latest meeting in January when the ECB announced its QE programme. Attention will...

Dollar index extended recent up trend overnight, thanks to weakness in European majors, and took out 96 handle. Better than expected ISM non-manufacturing also helped lifted the greenback and it...

If you think that today’s lower growth forecast for the Chinese GDP was a surprise, then obviously you were not paying close attention to the economic data. What traders should focus is on the...

European data has been playing sweet violin since the ECB has announced their QE program and Mr Draghi must be be delighted that he can finally see some light at the end of the tunnel. So, in short,...

MARKET SNAPSHOT: UP NEXT: TECHNICAL ANALYSIS: USD/CAD: Seeking to fade into resistance Following the retracement the losses came hard and fast yesterday. It didn’t quite reach my preferred...

BackgroundI have previously discussed how Alibaba (NYSE:BABA) has been trying to find a social networking platform that will help it to rival Tencent's (OTC:TCEHY) WeChat app. Having invested in...

There’s a wide spectrum of economic news on tap for Thursday, including the monthly policy announcements from the Bank of England (12:00 GMT) and the European Central Bank (12:45 GMT), which...

The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday lower. ES pivot 2110.00. Holding above is bullish. Friday bias uncertain technically. Monthly outlook: bias...

Today the National Bank of Ukraine announced new capital controls on currency transactions. All Interbank Transactions Over $10,000 are Banned.The national Bank of Ukraine has expanded the list of...

When we look back from 2025, it will be painfully obvious that central bank policies exacerbated the systemic crises that brought down the global financialization machine. What with all the praise...