Market Overview

Talking PointsDollar’s Haven Appeal Slow to Build as Global Headlines Shake Volatility Yen Crosses Start to Slip Below Critical Levels as Risk Rises British Pound Rate Expectations...

The main news yesterday was the increase in geopolitical risk after a Malaysian plane crashed near the Russian border in Ukraine. Reports are that 295 people were aboard MH17 when it crashed in...

Currencies The euro (EUR) continues to subside against the US dollar (USD) EUR/USD as the single currency touched a one month low at 1.3511. The pair has further support at 1.3477 and 1.3399....

The Yen surged overnight on risk aversion as markets were concerned with geopolitical tensions in Ukraine and the Gaza. The news that a Malaysian airline plane was shot down over eastern Ukraine sent...

I said yesterday morning that the “risk-on, risk-off” paradigm had ended, but events later in the day showed that I was premature -- it hasn’t disappeared yet by any means if there...

I’ve been writing in these pages for most of 2014 on how the stock market has become one huge bubble. On my short list:The economy is weak. The U.S. experienced negative growth in the first...

• EURUSD at ECB's June-meeting lows, bond yields at crisis lows • Bank of England's quarterly lending report could move GBP • US consumer sentiment not going anywhereToday’s data...

I have been hinting at possibility of further escalation in geopolitical tensions on the blog all year long. As debt levels continue to rise, countries around the world are playing a very...

There has for sometime been focus on the fact that the euro zone is inching closer and closer to outright deflation and that bold policy action from the ECB is needed to ensure that this does not...

In Danske Bank's Euro Area Deflation Index, all countries have a score lower than zero. The euro area score has declined to -6, although inflation was unchanged in June. The decline mainly came as...

The ZIRP DebateThe long held debate is what would the US economy have been doing without ZIRP by the Federal Reserve, would we be doing worse, about the same, or better? The other delineation in the...

During bank earnings calls this quarter, analysts have been touching on a question that is worth highlighting. That question is: will banks see large deposit outflows when QE ends?The main reason...

Note from Doug: Having lived for two wonderful years in Paoli, PA, a suburb west of Philadelphia just south of Valley Forge, I have a special interest in this regional indicator. But, more...

The strong rallies in London, Germany and France over the past few years has created steep bearish rising wedges, which two-thirds of the time results in lower prices.No doubt the trend is up on all...