Market Overview

Talking Points: US Dollar Advances Most in 16 Months, Hits Four-Year High S&P 500 Attempting to Break Out of Two-Week Down Trend Gold Aims to Extend Decline After Sliding to a 10-Month Low US...

EUR/USDToday’s support: - 1.2498 and 1.2470(main), where correction is possible. Break would give 1.2448, where correction also may be. Then follows 1.2420. Break of the latter would result in...

Looking at the Monday session, there’s very little to move the market initially, with only the German Factory Orders month over month numbers coming out. Anticipated to be -2.5%, the market most...

Currencies The euro (EUR) collapsed down to 1.2500 where it trades now against the US dollar (USD). The single currency slid after the US reported 248K additional Jobs on Friday, indicating healthier...

Talking Points: US Dollar Advances Most in 16 Months, Hits Four-Year High S&P 500 Attempting to Break Out of Two-Week Down Trend Gold Aims to Extend Decline After Sliding to a 10-Month Low US...

Summary:  We’ve reached a critical point in this business cycle. We enjoyed the years of fiscal and monetary stimulus; now comes the dismount. Only after the stimulus ends will we learn the...

Falling unemployment in the US points to a strengthening economy The Federal Reserve may raise interest rates sooner if growth picks up There are stark differences between the vacillating ECB and the...

LOOKING BACKThe previous week seemed to be a mirror as we once again saw credit tighten for the week, equities continue to bleed and the US Dollar go from strength to strength – looks like...

On 9/24, Bloomberg’s Simon Kennedy reported that FRB-NY President William Dudley is the first Fed official starting to freak out about the strong dollar: “‘If the dollar were to...

Last week was a huge week for the stock market. Last week was the transition week that moved the markets from the third to the fourth quarter; also marking the first trading day of October....

Last week was all about data. This week will be the opposite. The calendar already dished up the big news, and the major earnings reports are still a week away. Meanwhile, we have more conferences and...

This past week I found a post worth reading from the Peterson Institute for International Economics is a private, nonprofit, nonpartisan research institution devoted to the study of international...

The US posted a solid job report showing job gains of 248,000 in line with our estimate of 250,000 (consensus: 215,000). Net revisions were also positive at +69,000 so overall quite a bit stronger...

Market movers ahead The release of minutes from the 16-17 September FOMC meeting will cast more light on the decision to keep its 'considerable time' forward guidance. Both PMI and IFO declined in...