Market Overview

-- VIX closed at the upper trendline of its Ending Diagonal after testing weekly Cycle Top resistance at 18.42. It has also left an inverted Head & Shoulders formation that indicates a...

The US non-farm payrolls report and unemployment rate for September were released Friday morning.Big Boost Prior to the announcement, the consensus was for 215K net new jobs. The actual number came...

Over the last few months, North American markets, and in particular the US Dollar, have been enjoying an amazing run of strength.  US data has been either good or mildly good, the Federal Reserve...

Euro area retail sales surprised on the upside in August as they increased 1.2% m/m and 1.9% y/y. Excluding June, the yearly change was the highest since April 2007. The increase reflects an increase...

Market Drivers October 3, 2014 EZ Final Services PMIs are lower UK Services PMI Nikkei .30% Europe .45% Oil $91/bbl Gold $1207/oz. Europe and Asia:CNY Services PMI 54 vs. 54.4EUR Final Services 52.4...

The US dollar regained the upper hand as yesterday's downside correction fizzled out. Draghi provided just enough details of the asset purchase plans to avoid a rout, but not enough give hope that...

Today markets will try to come to grips with yesterday’s European Central Bank meeting. While the knee-jerk reaction was disappointment, market watchers might begin to second-guess the next...

With Friday be nonfarm payroll day, we believe that the markets will focus solely on this particular announcement. However, there are a couple charts that we are paying attention to the moment.The...

The most important event in the EMEA region next week is the rate decision in Poland. We have been saying for a long time that the Polish central bank (NBP) needs to ease monetary policy further in...

Inflation turning higher now. The Swedish National debt Office proposes lower FX exposure and bond premiums together with tax incomes decrease borrowing requirements. Buy longer-dated bonds in ASW...

When it comes to making decisions, our minds tend to perceive and react to the information available to us, each in its own particular way. This is not something we think much about. It is a part of...

Note from dshort: I've updated this overview with the latest monthly data through September.Here is a summary of the four market valuation indicators I updated at the beginning of the month. The...

1) USD/HKD traded at its highest level since May 2012.2) Russian officials confirm that capital controls are not on the cards.3) The Turkish central bank started to push bank against currency weakness...

This seems to be the among the first time in several months that ECB President Draghi has been rather anti-climactic. The disappointment or the "sell the rumor buy the fact" scenario we suggested is,...