Market Overview

Over the weekend we pointed out this would be a crucial week for markets. This week’s volatility hasn’t really cleared anything up although there are some notable observations to be made...

Keeping to the Xmas theme, I can only say that the FOMC left a slew of wrapping paper that had been ripped from the gifts that Santa had brought. Scraps of paper, broken boxes and trampled rubbish...

The global economy is under pressure these days, suffering from a troubling mix of heightened geopolitical risk and wobbly macro reports. Despite the challenging environment, the US economy still...

In our Fed preview Wednesday morning, we argued that the market’s reaction to today’s Federal Reserve statement could be a binary outcome dependent on just two words: considerable time. As...

The Federal Reserve upgraded its assessment of the labor market and changed the future guidance from "considerable time" to "can be patient in beginning to normalize the stance of monetary policy." ...

Winston Churchill famously said of Russian foreign policy that it was "...a riddle, wrapped in a mystery, inside an enigma." What people leave out is what followed. Churchill offered an answer: "......

Market movers today At the meeting today, we expect the FOMC to remove considerable time from the statement, which should put upward pressure on short US rates and support the USD. The FOMC is likely...

The Federal Reserve is set to have its monthly FOMC statement shortly and markets will be paying close attention to Janet Yellen’s words. The market is poised to react to two key sides: Whether...

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...

For years – if not decades – Japan’s shrinking demographics have been a primary cause for that country’s lackluster economic growth. However, Japan is now reaching a point in...

Yesterday’s moves clearly smelled of panic in the markets. The nearly 20% drop in the ruble plus the huge moves in NOK (a nearly 7% move in EUR/NOK in two hours that was totally reversed in the...

The US dollar's recovery which began yesterday continues today. The euro reached the 50% retracement objective of its slide since mid-October (~$1.2565) and now is more than a full cent lower. The...

Steven M. Sears, probably best known for his options column in Barron’s, wrote The Indomitable Investor: Why a Few Succeed in the Stock Market When Everyone Else Fails in 2012. Wiley recently...

Currencies The euro (EUR) managed to break its previous resistance and climbed up to 1.2569 against the US dollar (USD). The euro advanced ahead of the FOMC statement due today at 19:00 GMT as...