Market Overview

This past week has been a virtual tennis match watching the evolution of the Greek bailout negotiations. No Deal, Deal, No Deal, Deal.However, despite the fallout that would likely come from a Greek...

Today's new release of the publicly available data from the Economic Cycle Research Institute (ECRI) puts its Weekly Leading Index (WLI) at 130.3, up slightly from 130.0 the previous week. The WLI...

Early this morning we saw the futures pulling down as the Nasdaq in particular was very overbought on its short-term sixty-minute chart. Not just overbought but ugly overbought. Thankfully, we saw a...

Gold, crude oil, and EUR/USD are still above their long term support with indications of bottom formation. Russian RTSI has managed to hold despite a fall in crude oil. There was little upward...

The implosion of the Crude Oil markets over the past few months has been one of the biggest news stories if you tuned in to any financial news channel. The speed and magnitude of the move made USO a...

The Australian dollar has rallied today brushing off fears of a downgrade by the ratings agency S&P over potential budget problems in the nearest future. At 3.50pm (GMT) the Aussie dollar was...

Without top tier data in the US, and another Arctic chill, look for a subdued North American session, with much of the focus on the Eurogroup meeting to discuss Greece. It is due to formally start...

Talking Points: US Dollar Waiting for Direction Cues at Range Support S&P 500 Continues to Tread Water at New Record High Crude Oil Holds Support, Gold Digesting at 1200 Mark US dollar...

It looks like the talks between Greece and its creditors will come down to the wire. Germany yesterday rejected Greece’s request to extend its EUR 172bn rescue package by six months, but the...

The USD bulls were quick to recover any losses encountered following the comment provided from the FOMC Minutes that it will be in no hurry to begin raising US interest rates, with the USD driving...

EUR/USDToday’s support: -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 1.1285. If a...

Market Movers The main event today is the extraordinary Eurogroup finance minister meeting on Greece in Brussels scheduled to start at 15:00 CET. Greece's current bailout programme is set to expire on...

The Fed will need to balance its dual mandate this year, with the labour market improving fast but core inflation running below the 2% target. The January FOMC minutes showed that there is no...

Is this the beginning of the end for the eurozone? On Thursday, Germany rejected a Greek request for a six-month loan extension. The Germans insisted that the Greek proposal did not require the Greeks...