Market Overview

The last week of the month brings Japan's data deluge for January including consumer prices, industrial output, consumer spending and unemployment. Germany, the UK and U.S. will publish second...

After much drama over the week, on Friday, Greece finally secured a provisional deal from Eurozone finance ministers to extend the bailout for four months. However, Greece will only get the financial...

Euro stayed in tight range against dollar in spite of positive news from Greece. Greece was offered loan extensions of 4 months, compared with its request of 6 months. The debt-ridden country agrees...

In the late hours of Friday night, Greece and the EU signed a deal to extend Greece’s current program for another four months. The increased time frame will allow Greece more breathing space and...

• When the irresistible force of Democracy met the immovable object of Bureaucracy, guess who won? Greece Friday capitulated as more and more money left the Greek banking system (estimated EUR...

EUR/USDToday’s support: - 1.1356 and 1.1335 (main), where correction is possible. Break would give 1.1306, where correction also may be. Then follows 1.1293. Break of the latter would result in...

The GBP/USD pair fell during the session on Friday, as we continue to try to grind our way towards the 1.55 level. That being the case, the market looks as if it is going to be very difficult to deal...

Market movers today Focus will remain on Greece. The monitoring institutions need to approve the policy programme submitted by the Greek government for the agreement reached on Friday to be...

On Friday, EUR/DKK saw the largest day-to-day change since the introduction of the euro in 1999, temporarily jumping back above the central rate of 7.46038. Despite the sharp move higher on Friday,...

Market Movers ahead In Denmark focus will remain on Nationalbanken and EUR/DKK. January securities statistics and foreign portfolio investment data will give us an indication of what caused the very...

So the market has proven me wrong again. We have broken the old S&P 500 2093 top and now it's sitting at 2110. Because we had such a great Elliott Wave pattern of 5 waves down and currently...

Confounded Interest just posted a nice summary of a McKinsey report on the growth of global debt during what some persist in calling the “great deleveraging.” Turns out that since the...

"The one size fits all approach of standardized testing is convenient but lazy." - James DysonIn my travels around the country presenting to and meeting with hundreds of financial advisors and...

It is clear by now that we are trading in what we call the blue phase of the business cycle. In financial market terms, blue is an upbeat state. It is the phase where global growth is recovering while...