Market Overview

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,...

The U.S. stock market has taken a hit lately, presumably because various geopolitical and macro risks around the world are starting to resonate with formerly complacent investors who have been...

The following are the expectations for today's October ECB meeting as provided by the economists at 15 major banks. Goldman: We expect rates on hold (Main Refinancing Rate on hold at 0.05%, in...

Ruble drops to record low as central bank intervention nears Political risks remain high, especially in Ukraine Russia and the ruble need some stability Since early July, the ruble has been on a...

The ECB meeting and details about the asset purchase plan is the key event of the day. However, there is something else happening. A string of disappointing US data and the sell-off in equities have...

The main event will be the press conference following the ECB meeting. Since rates have reached the bottom, focus will be on the details of the ABS and covered bond purchase programme, see ECB Preview...

The European PMIs were lower, as new orders contracted for the first time in a year and even Germany slipped into contractionary territory. Meanwhile the US ADP report once again indicated job growth...

The day has arrived for which investors have been waiting desperately, yes, it is the ECB meeting. Traders have been waiting for more details on the recent liquidity measure announced by the ECB. The...

Currencies The euro slid to 1.2583 yesterday, before rebounded back to 1.2653 this morning against the dollar Index. The single currency is under pressure as the European Central Bank’s ECB)...

The effect that fiscal consolidation has on GDP growth has probably generated more controversy than any other economic debate since the start of the 2008 crisis. How large are fiscal multipliers? Can...

EUR/USDToday’s support: - 1.2600 and 1.2566(main), where correction is possible. Break would give 1.2548, where correction also may be. Then follows 1.2523. Break of the latter would result in...