Market Overview

For the better part of 15 months, I have pounded the table for longer-term U.S. treasuries. Most financial pundits thought that I was nuts in December of 2013; they debated my scarcity premise...

In testimony to Congress yesterday, Fed Chair Janet Yellen stated that she expected U.S. inflation to decline further before strengthening, due mainly to crude oil prices and the impact of a strong...

U.S. prices are falling. The 0.7% decline in U.S. consumer prices was the largest monthly drop since December 2008. Consumer prices in January fell 0.1% from a year ago. The last time the...

A High-Yield WarningWith Janet Yellen recently warning about overvaluation in the bond market, I thought it would be important to look at potentially one of the single most overvalued areas in that...

Deflation risk seems to be making a comeback… again. Germany yesterday sold 5-Year government notes at a negative yield for the first time in its history. Meanwhile, China’s central bank...

Brent/WTI spread widens to highest in more than a year WTI price continues to stand still as US inventories rise again, says Hansen Opec reap benefits from Brent's rise and market share...

With the exception of the German DAX, European stocks have opened trading by easing away from recent highs. I do not think that the bull-run for the German DAX is complete and in the longer-term, it...

Daily BriefingCurrencies EUR/USD: The pair is trading in a ascending triangle pattern on a 30 minute time frame. The next resistance is at 1.1449 and the support is at 1.128. USD/JPY: The pair has...

It’s nice to finally get some news flow running through these markets following what has been a rather slow week so far. Everyone seems to be waiting for that next shoe to drop in markets. In...

Recently, I walked by our local Radio Shack. Strangely, my heart skipped a beat when I saw the generic clearance signs and the emptiness just beyond the glare and my reflection in the storefront...

The dollar remained weak yesterday in a low volatility session, after indications by Federal Reserve president that the Fed is in no hurry to raise interest rates in the next few FOMC meetings....

The financial markets are generally in risk seeking mode. DJIA closed at new record high of 18224.57 yesterday, up 15.38 pts. S&P 500 also made new intraday record high of 2119.59 but closed...

Oil prices surge: oil prices surged yesterday after Saudi oil minister Ali Al-Naimi said that demand is growing and the market has turned “calm.” Personally I can’t understand why...

EUR/USDToday’s support: - 1.1343, 1.1327 and 1.1293 (main), where correction is possible. Break would give 1.1285, where correction also may be. Then follows 1.1269. Break of the latter would...