Market Overview

A snapshot view of yesterday’s New York - London session with technical notesPoor data from the US saw the USD sell off across the board and the US Dollar Index print an intraday low...

Note from dshort: The charts in this commentary have been updated to include the Q1 2014 Third Estimate.The chart below is my way to visualize real GDP change since 2007. I've used a stacked column...

Earlier today we learned that the Third Estimate for Q1 2014 real GDP came in at -2.93 percent (rounded to 2.9 percent), down from -1.0 percent in the Second Estimate and well below most forecasts....

The June Advance Report on May Durable Goods was released this morning by the Census Bureau. Here is the Bureau's summary on new orders: New orders for manufactured durable goods in May decreased $2.4...

The Third Estimate for Q1 GDP, to one decimal, came in at -2.9 percent (rounded from -2.93 percent), a substantial downward revision from -1.0 percent in the Second Estimate and a major plunge from...

On Thursday, the US Department of Commerce will publish the May estimate of personal consumption expenditure deflator. Last week, investors learned that the consumer price index rose at its fastest...

Although many economists anticipated the official measurement of US economic growth in the first quarter to undergo another downward revision, they certainly weren’t expecting the huge plunge...

Monsanto Company (NYSE:MON) reported earnings Wednesday morning. The agriculture chemical maker beat on earnings but missed on revenues. Monsanto initially shot higher as Wall Street cheered the...

Many home builders have argued that one of the reasons that housing activity has been weak recently is that there has been limited supply of available homes for sale.  When they make that...

Does this look healthy to you? We did manage to pull out of a tailspin back in 2011 – the last time our GDP went negative but, funny story – in July of 2011, the S&P fell from...

Lately, the news has been obsessed with two topics: Iraq and the Russia-Ukraine fiasco. In fact, we’re even guilty of it here, too.But in the midst of this media barrage, another important story...

Widespread expectations interest rates would stay lower for longer have spurred traders to chase "carry trades" funded by low-yielding currencies, but some analysts warn that's no longer a safe...

The U.S. Federal Reserve can reasonably wait to raise interest rates until mid-2015 without risking an undesirable rise in inflation, an influential Fed policymaker said on Tuesday."We think we can...

The economies of most high income countries remains below the pre-crisis peaks. The US, German and, it now appears, the UK, are the notable exceptions. On the eve of the EU summit, there continues to...