Market Overview

To QE or not to QE…Pre-FOMC uncertainty dominates the market The highlight of the day will be the FOMC rate decision, where the Committee is widely expected to confirm the end of its QE3...

Daily Briefing Currencies EUR/USD: Is down slightly for the session, coming off the gains made after yesterday’s disappointing US Durable Goods Data. The Single currency is trading at 1.2727,...

Monetary policy for Britain is in focus today with the monthly update on money supply data. Later, the US economy takes centre stage with the release of the Federal Reserve’s policy statement....

UP NEXT: Could be an interesting few hours as we see FED, RBNZ and BoC release rate decisions and statements leading up to Asia open tomorrow. Volatility is almost an assurance but what we would also...

We expect HICP inflation (due for release on Friday) to increase to 0.6% y/y in October from 0.3% y/y in September (consensus 0.4% y/y) despite the decline in the oil price during the month. The...

At Wednesday's meeting we expect the Fed to do the following. - End asset purchases. - Keep the 'considerable time' forward guidance. - Keep the 'significant underutilisation' description of labour...

Looking at the session for Wednesday, we believe that without a doubt the entire world will be focusing on the Federal Reserve. There is an interest-rate decision, which we do not think will provide...

Medical costs rose at an official rate of 1.7% year on year this past September, but the average increase in medical expenses individuals actually paid could easily be far larger. Most importantly,...

A recent paper by Nathan Swen, of the McCombs School of Business, University of Texas, compares the “timing of information acquisition” by hedge funds and mutual funds, focusing especially...

Corrective structures are always the bigger challenge compared to impulsive waves. They have more twists and turns, dead ends and often play tricks within a correction within the correction. It ends...

In these pages, I have tried very hard to remain apolitical in my writings. While I hold certain political positions, I don't let them affect my investment views. It it with some alarm that I am...

All of a sudden, everyone seems to be bearish on oil and bullish on its implications for the economy. That’s fine with me since I started to speculate about a big downside move in the price of a...

Business Insider recently published an article suggesting that if you missed the recent short covering rally then you made a classic mistake in investing. "Because of the way our brains work, most of...

Upon his arrival in Istanbul, John Derrick prepared his notes for the next two days’ worth of meetings while he spent a cool, drizzly afternoon outside a café, sipping coffee and watching...