Market Overview

Actually, perhaps I should have left the “quick” out of the heading… It’s hardly surprising though. As liquidity thins quite sharply towards the holiday season, the big...

Housing starts are expected to increase to an annual pace of 1.030 million in Tuesday’s update for November, according to The Capital Spectator’s median point forecast for several...

Japanese Prime Minister Shinzo Abe won a little over two thirds of the seats in the lower house in elections held over the weekend. The Prime Minister's coalition now has enough seats to put forward...

At the prodding of an NFTRH subscriber who was combing through old issues, I went back and read NFTRH 7, from November of 2008 and was struck by how things have really not changed in the last 6 years...

The Federal Reserve’s policy statement and updated economic forecast due out on Wednesday will be closely read in the wake of last week’s volatile market action – the US stock market...

US futures are also trading higher this morning, but traders are cautious ahead of the FOMC meeting and traders are not willing to take much of risk. The main focus during the FOMC meeting will be...

The latest IMM data cover the week from 2 to 9 December 2014. • IMM data released last Friday revealed the largest single week EUR short covering since the start of September this year. The move...

Market movers today Today focus will be on US data with the release of industrial production. We look for an increase in November after a correction in utility resulted in a weaker-than-expected...

As the 24-hour session has progressed, the US dollar and equities have stabilized and turned higher. Indeed, as US traders prepare to return, stocks and the dollar are trading near session highs. Oil...

Currencies The euro (EUR) climbed from 1.2383 up to 1.2485 against the US dollar (USD) on Friday. The single currency advanced after several officials of the ECB diluted the hopes for quantitative...

The Australian dollar came under pressure last week as more positive economic news out of the US sent the greenback soaring against most major currencies Including the Aussie adding more pressure on...

Japan in focus; oil continues to fall Japan was in focus this morning as the country’s ruling Liberal Democratic Party (LDP) scored a major victory Sunday. It won 290 seats in the Lower House,...

EUR/USDToday’s support: -1.2416, 1.2398 and 1.2364(main),where correction is possible. Break would give 1.2352, where correction also may be. Then follows 1.2323. Break of the latter would...

This past week I have been inundated with questions regarding the dive in crude oil prices and the energy sector in general. Is this a fantastic buying opportunity, or is the bigger of something...