Market Overview

The Chinese do not plan to live in a world dominated by the US Dollar for much longer. Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a...

Further US Dollar strength continued - but actually a little more than anticipated. This brings us to a key juncture in this sequence. Momentum across the Europeans is very clearly Dollar bullish....

The latest news out of China is Beijing has set its 2015 growth target at about 7%. Notwithstanding the numerical value of the GDP growth target, one of the key elements of Chinese economic policy is...

The European Central Bank's newest monetary policy tool is already starting to ignite conversations about its conclusion even before the Bank has purchased the first government bonds under its...

Talking PointsSweden’s PMI Manufacturing Index fell by 1.9 points in February Sweden’s PMI Services Index narrowed from 57.9 to 56.7 in February EUR/SEK breaks through trendline support As...

The ECB meets tomorrow. We do not attribute any significance to the fact that the meeting will be held in Cyprus. A couple times a year, the ECB meets outside of Frankfurt.There are three key...

You Think Like A Bear But Invest Like A Bull?The answer to this question is what I have come to term the “Hussman Effect.” There is relatively little argument that Dr. John Hussman is...

Payrolls at US companies posted another respectable gain in February, advancing 212,000 over the previous month, according to this morning’s update of the ADP Employment Report. The increase is...

The chart below looks back on the past 31 days and reflects that the S&P 500 did well (up over 5%). During this rally, investors confidence grew and fear levels fell hard (over 30%). The above...

You have to be dead to not know that oil fell hard over the back half of 2014. It was all over the news. You saw it at the pump. It was not so visible the rise in bond prices unless you follow that...

The Australian dollar has drifted higher today following on from yesterday’s decision by the RBA to keep interest rates on hold and brushing off weak GDP numbers released earlier today. At...

A mixed batch of economic data from Europe on Wednesday morning is providing little direction for the financial markets at a time when investors are already likely tread with caution with the ECB...

Euro area retail sales increased for a fourth month in a row in January, when they were up 1.1% m/m. The figure for December was revised slightly higher to 0.4% m/m from 0.3% m/m in the first release....

Indian surpriseThe Reserve Bank of India has announced a surprise cut its key interest rate for the second time this year.The unexpected rate cut of 25 bps to 7.5% comes only four days after Prime...