Market Overview

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...

EUR/USDToday’s support: - 1.1002 and 1.0980 (main), where correction is possible. Break would give 1.0952, where correction also may be. Then follows 1.0930. Break of the latter would result in...

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,...

Investors continue to trade cautiously as we approach the business end to the week, with today bringing the latest monetary policy decisions from the Bank of England and the ECB and more importantly,...

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...

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...

Brazil's economic uncertainty continues to worsen. While growth projections for all the BRICS have been lowered, for the first time in years Brazil's economy is now expected to contract in...

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...