Market Overview

EUR/USDToday’s support: - 1.3500(main),where correction is possible. Break would give 1.3489, where correction also may be. Then follows 1.3468. Break of the latter would result in 1.3455. If a...

Market movers today It is a very light calendar today in terms of macroeconomic numbers. Focus will be on euro-area inflation and US initial jobless claims. We expect both numbers to come in more or...

Monitoring purposes SPX: Neutral Monitoring purposes Gold: Gold ETF GLD long at 173.59 on 9/21/11 Long-Term Trend monitor purposes: Flat Timers Digest recorded the Ord Oracle report number 10 in...

Summary: Housing prices in the EU continue to fall, albeit at a slower pace. Inflation in France and Spain continue to fall as the entire Euro Bloc could fall into deflation soon. The EU is more...

“We are pleased to announce the signing of the Treaty for the establishment of the BRICS Contingent Reserve Arrangement (CRA) with an initial size of US $100 billion. This arrangement will have...

Thursday’s a slow day for Eurozone data and so the report on new industrial orders for Spain will draw close attention as the crowd looks for additional clarity on the wobbly state of macro in...

Staying with the theme of central banks dampening market volatility, China's central bank (the PBoC) has learned this game as well. China's short term rates had experienced enormous volatility last...

ZIRP Policy & Asset ValuationsThe conditions in so many asset classes are unsustainable from a price perspective once interest rates rise even under a “new normalized rate...

Today's release of the June Producer Price Index (PPI) for Final Demand rose 0.4% month-over-month seasonally adjusted. Core Final Demand was up 0.2% from last month. The headline number was well...

The European Union is on the verge of announcing new broader sanctions against Russia. They will not go as far as stage three sanctions, which could include sanctions on whole sectors of the Russian...

China’s real GDP rose 7.5% y/y during Q2-2014, up slightly from 7.4% during Q1. More interestingly, real GDP rose 7.9% during Q2 at a seasonally adjusted annual rate, up from 5.7% during Q1, the...

EUR/USD fell 34 focuses to exchange at 1.3534 after affirmation from Janet Yellen backed the greenback. Yellen guaranteed US officials that the US was doubtlessly in full recuperation mode. The dollar...

The above chart is the Silver-Gold ratio. Strong rallies in both metals often take place when this ratio breaks above key falling resistance over the past 15 years. At this time the ratio remains...

The S&P 500 closed up Wednesday at 1981.57 +8.29, yet should have closed far higher considering the hugely positive news we've seen, starting with Tuesday morning when both J P Morgan Chase &...