Market Overview

The ISM Manufacturing Index is expected to decline slightly to 55.0 in tomorrow’s update (Feb. 2) for January vs. the previous month, based on The Capital Spectator’s median point forecast...

US personal consumption spending for December is projected to rise 0.3% vs. the previous month in today’s update (Feb. 2), based on The Capital Spectator’s median point forecast for...

I can’t say Friday was too much of a surprise. The best mover was USD/JPY that basically followed my comment on Friday, in immediately moving lower in its range. For the rest, the range trading...

Euro HICP inflation declined further into deflation in January, when it was -0.6% y/y down from -0.2% y/y in December. The deflation was mainly driven by negative energy price inflation due to the...

We are still positive on risk assets. Bond yields fall on pension demand but fundamentals point to higher yields in H2. More upside in the USD. Euro area seeing strong mix of tailwinds - more signs...

Market movers ahead There will be a lot of focus on Fed speeches over the coming week. None of the board members are scheduled to speak but we will have both doves (Narayana Kocherlakota, Eric...

This past week, Sentier Research told us that real median wages were 1.4% higher in December than in November 2014. This increase should be considered significant.Follow up: A brief summary of the...

As a hard working college student at UC-Irvine, when I was done studying and my roommates and friends needed to get a well deserved break, we chose to frequent an establishment close to the campus...

It now strongly appears as if Greece, Germany, and the nannycrats in Brussels are all on one hell of a collision course. Both sides have dug in, and the war of words has escalated in all corners. For...

Yellen Yap On Thursday, Fed Chair Janet Yellen met with Senate Democrats at a private luncheon. She told the Democrats that the U.S. Economy is Strong. My first thought was "what the heck is Yellen...

On January 21 when the Canadian Central Bank unexpected slashed interest rates, I wrote Canadian Recession Coming Up. Following the rate cut, the yield curve in Canada inverted out to three years....

Bonds are not Stocks On Friday the German 10 Year Bund yield touched the 0.30 mark or 30 basis points, yeah that`s right the same instrument that was yielding 90 basis points in November of last year,...

Greece, rather suddenly, finds itself holding all the cards. The Trioka, combination of the EU, ECB, and IMF leadership, will attempt to quietly 'bribe' Greece to stay with the Euro. While Trioka's...

As Europe still manages fallout from the SNB breaking the Swiss franc peg earlier this month, we can discuss emerging market countries that might feel similar pressure from Europe and the US soon. It...