Market Overview

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...

Daily BriefingCurrencies EUR/USD: The pair is trading above its upward trend line on a 30 minute time frame. The next support is at 1.2238 and the next resistance is at 1.2607. USD/JPY: The pair is...

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...

The main event in Sweden is the Riksbank's last monetary policy meeting of the year and the release of a new Monetary Update. The Riksbank is under pressure 'to do something'. The first line of...

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...

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...

Yen stays is tight range as the week starts after prime minister Shinzo Abe's victory in the snap election held over the weekend. Abe's coalition captured at least 325 seats, more than two-third of...

So the markets are getting skittish and the media is obsessing about the many things that could go wrong out there. It’s like 2007 all over again, but with one big difference: Back then the...