Market Overview

The S&P/ASX200 closed 0.21% higher at 5454.30 and exactly at the 200 DMA All of the four major banks finished the week lower A number of iron-ore companies reached 12-month lows The...

Market wise, not much has changed in my opinion. I will comment on one thing that really stood out in the HK financial community, however. After talking to a large amount of traders, from small or...

For those who believe that Bitcoin (bitcoin), or some virtual currency akin to bitcoin, represents the future of human money, the latest news is … well, ambivalent.Although bitcoins themselves...

A fairly quiet day in the financial markets but a huge day for oil. With little news to move the market, U.S. 10-Year yields were down 3 bps, stocks closed virtually unchanged for the third day in a...

Oil prices extended its sharp decline and approached the extended targets currently residing around 72.65, as breaking this level pushes the price towards 70.00. Generally, the downside move remains...

Yen's decline extends today as a Japanese newspaper reported that prime minister Shinzo Abe would hold a press conference next week regarding the delay of the next sales tax hike. Abe could also...

Summary and outlook Sentiment and leading indicators currently show a murky picture of the global economy. In the US, signals are mixed as ISM is still strong but demand data has weakened somewhat....

Today’s data calendar is packed, but only the European third quarter’s gross domestic production growth figures stand out as important. European Union's finance ministers will today...

Mean Reverting ProfitsEarlier this week I discussed the growing detachment between the stock market and the "real" underlying economy. One of the areas I touched on was corporate earnings that have...

This past Friday I like many others was waiting for my comedic coffee break to be broadcast over the financial media outlets. When the set up was told I grinned in amusement and expectation. When the...

Both Houses of U.S. Congress to vote on Keystone XL todayThe GBP dropped considerably against its peers yesterday, following Governor Mark Carney's revised forecasts downward regarding economic growth...

The Chinese data released this morning were slightly weaker than expected and suggest continued moderate downward pressure on growth. However, on a positive note, there was also signs of stabilisation...

The Russian central bank (CBR) has allowed the rouble to float increasingly freely since 2008-09 in a widening trading range. This week the CBR allowed the rouble to float freely. We take a close...

US retail sales are expected to rise 0.3% in tomorrow’s October report vs. the previous month, according to The Capital Spectator’s median econometric forecast. The prediction reflects a...