Market Overview

New repo rate forecast: a July rate cut followed by rates on hold until at least summer 2016. The curvature on the Swedish yield curve should be pushed further out - be long the 5Y point on the...

Leading indicators continue to signal strong growth in Ireland and, according to our models, we should brace ourselves for a strong rebound when Q1 GDP data is released next week. We expect a jump in...

US economic growth for this year’s second quarter is widely expected to rebound sharply after a 1.0% decline in Q1. The upbeat estimates for this quarter include the Capital Spectator’s...

Euro PMI manufacturing declined to 51.9 in June from 52.2 in May. At the same time, the service PMI was lower at 52.8 in June from 53.2 in May. Consensus was for both figures to be almost unchanged -...

The latest IMM data covers the week 10-17 June 2014. IMM data released on Friday revealed the largest single week bullish GBP build since September 2013. The move was sparked by Bank of England...

The US dollar is starting the new week lower against most of the major currencies, save the euro and Swiss franc. Soft flash euro area PMI data and a stronger than expected flash PMI from China, set...

The unwind continuesThe market is apparently still mulling over the implications of the FOMC statement and FOMC Chair Janet Yellen’s comments. At the short end, the Fed Funds expectations for...

William J. Bernstein has written a wonderful book for “adult” investors who are comfortable with basic math and statistics and who also enjoy a good turn of phrase. Bernstein, a retired...

The Aussie opens the week strongly higher after upside surprise in manufacturing data from China. The HSBC Chinese manufacturing PMI rose to 50.8 in June, back into expansionary region for the first...

US Dollar Pushed to Test Below Multi-Year Support AgainPrices are probing below multi-year trend support set from July 2011. This barrier (10434) is reinforced by a falling channel bottom at...

ASIA ROUNDUP: China Flash PMI was the main event early Asia, coming in above 50 for the 1st time since December, at 50.8 vs 49.7 forecast. AUD/USD gapped above 0.940 and the NZD/USD rallied above...

Last week US equities performed well and the S&P500 could close on a new record level and gained 25.50 points at 1,953.75 (+1.32% weekly). DJIA rose 163 points at 16,860 (+0.98% weekly) and...

An early look at the macro profile for June will dominate today’s economic news with the publication of flash estimates of manufacturing and services activity in the Eurozone and manufacturing...

Dollar tried to stabilize after sales caused by the Fed's meeting as a negative pulse weak.The euro was trading in the Asian session on June 20, 2014, up to the level of 1.3626 against the U.S....