Market Overview

The Federal Reserve is expected to formally announce the end of QE3 in tomorrow’s FOMC monetary statement. But as quantitative easing (buying assets with newly printed money) fades into the...

Last week was a great week for stock markets. Building momentum on unexpected data, the tables have shifted after a downward trend that seemed like it was going on forever. I wrote my opinion of what...

In a recent article on the Financial Sense website, Chris Puplava put forward various quotes by central bankers expressing their view that ending stimulus right now could be slightly premature....

The Riksbank went a bit further than we expected by cutting the repo rate to zero but it was in line with our expectations in terms of postponing the first rate hike to mid-2016. It also said that if...

Market movers todayIn the US, durable goods orders are due for release and consensus is for an increase of 0.5% m/m in September. It should be noted that there was a sharp decline of 18.4% m/m in...

The US Dollar is narrowly mixed in quiet turnover. The historic FOMC meeting that announces the end of QE is finally at hand. This marks a new phase, post-QE, for monetary policy, and the US economy...

Sweden’s Riksbank steps up its fight against deflation The spotlight of the day will be on the Riksbank policy meeting where the consensus is for a rate cut. Sweden’s economy hasn’t...

The near-term positivity that the results of the European banking stress tests lasted all of an hour of the European session yesterday. Any good feeling that the news had afforded European assets was...

The forex markets are generally steady as recent consolidations continued. ECB said that EUR 1.7b of covered bonds were bought last week as the new security purchase program began. Some analysts...

EUR/USDToday’s support: -1.2660, 1.2641, 1.2622 and 1.2600(main),where correction is possible. Break would give 1.2574, where correction also may be. Then follows 1.2549. Break of the latter...

The following table lists the key economic data and other events that are due out during the week of October 27th – October 31st, with release times displayed for the GMT time zone.The list also...

Recent data suggests the clouds are gathering over global stock markets as growth in emerging markets looks less and less likely in 2015.Last year, investors pulled billions of dollars out of emerging...

During the session on Tuesday, it’s very likely that we will continue to see some of the themes that we have been seeing over the last several weeks. We believe that the EUR/USD pair will more...

Talking Points: US Dollar Pulls Back But Last Week’s Breakout Remains Intact S&P 500 Capped at Resistance After Hitting Three-Week High Crude Oil Still Unable to Build on Bullish Reversal...