Market Overview

This Great Graphic comes from Markit's Chris Williamson.   It illustrates that the German good producing sector has fallen on hard times again.  The economy...

Daily Briefing Currencies EUR/USD: The pair is trading below its downward trend line on a 60 minute time frame. The next support is at 1.2496 and the next resistance is at 1.2929. USD/JPY: The pair...

Last May, I posted an item on the economic situation in the rebellious regions of Eastern Ukraine, or “Novorossiya” (New Russia), to use the term increasingly favored by separatists...

Yesterday, for the first time, the Fed published its summary index of the change in labour market conditions, the Labor Market Conditions Index (LMCI). There are a few interesting observations to note...

Today, the Bank of Japan decided to keep the Quantitative and Qualitative Easing (QQE) policy unchanged. The Bank will purchase assets, in particular JGBs and Treasury Bills, in order to increase the...

In August, industrial production decreased markedly, down 4% m/m, recording the largest drop since January 2009. On a year-on-year basis, it was down –3% while its underlying trend remained...

Corrective forces continue to take hold of the foreign exchange market. It is long overdue and does not appear to be sparked by fundamental developments per se. Many short-term momentum participants...

Market moves in mysterious ways Following the better-than-expected nonfarm payrolls on Friday, you might have expected the dollar to rise. You might have expected investors to buy dollars against...

Currencies The euro (EUR) rebounded from its 2-year low at 1.25 all the way up to 1.2674 against the US dollar (USD). The dollar rallied against a basket of currencies during the past months and it...

UP NEXT: TECHNICAL ANALYSIS: Gold: Back above $1200 with potential bull flag I expect volatility to be lower for USD crosses and for price to remain within last week’s range across several...

Consensus has Germany's industrial production falling 1.1% for August Recent lower PMI figures suggest UK's industrial production likely to be weak US jobs figures to show slightly higher number of...

It is often said that hindsight is a wonderful thing. We now know that the developed world, particularly the US and the UK, saw a housing and debt bubble that promptly popped and started the Global...

Tuesday should be a fairly quiet session, with only a couple of market moving events happening. The Bank of Japan has a press conference, and that of course can always move the Yen and the Nikkei, but...

Let this note be another ‘Knocker-Up’… If you haven’t gotten the wakeup call by now, there are plenty of dislocations in the markets. The chart of the US Dollar below...