Market Overview

• Global manufacturing outlook remains buoyant• UK is the star of the show, other advanced economies also good• Asia/Pacific is the weakest link The crisis in emerging markets...

We expect the ECB to remain on hold at tomorrow's meeting (see ECB: Preview: Wait and see until June, 5 May). In this case, the focus is set to remain on the pace of normalisation of the interest...

We expect German factory orders to send another signal of solid GDP growth in Q1, as we forecast an increase of 0.4% m/m in March after it rose 0.6% m/m in February. This follows as the new order...

ASIA ROUNDUP:RBNZ jawboned the Kiwi Dollar by stating they would sell NZD if fundamentals worsen, and NZD is currently overvalued. NZD cropped 50 pips during the speech to the dairy farmers....

EUR/USDToday’s support: - 1.3903, 1.3876 and 1.3850(main), where correction is possible. Break would give 1.3809, where correction also may be. Then follows 1.3788. Break of the latter would...

Increases in stock prices over the last years combined with bond prices that remain high (yields are low) have raised the possibility of mispricing in assets, potential bubbles and future crashes. Are...

The Fed's Yellen testifies before the Joint Economic Committee of Congress today. Her comments today were not expected to deviate much in substance from the FOMC's statement last month. While last...

The New Zealand dollar pares back much of this week's gain after disappointing job data and comments from RBNZ governor Wheeler. The New Zealand employment rose more than expected by 0.9% qoq in Q1...

About that jobs report.Upon closer inspection, the report was a total disaster. You wouldn’t know this from the financial media’s coverage, but it was. The establishment survey shows a...

Despite a mainly negative sentiment toward gold from investors as evidenced in the continued liquidation in gold-backed exchange-traded funds amid signs of an improving U.S. economy, the crisis in...

Good morning,US equities had a positive week and the S&P500 closed at 1,872.50 (+0.67% weekly), up 12.50 points and Nasdaq gained 45.25 points at 3,575.75 (+1.28% weekly). The Dow Jones Industrial...

Quick take: Based on data extrapolations through the end of April, the Q Ratio is 62% above its arithmetic mean and 75% above its geometric mean. If we use the calculation method of Nobel Laureate...

Quick take: Based on the March S&P 500 average of daily closes, the Crestmont P/E is now 83% above its arithmetic mean and at the 97th percentile of this fourteen-decade monthly metric.The 2011...

Quick take: At the end of March the inflation-adjusted S&P 500 index price was 78% above its long-term trend, down from 80% above trend the previous month.About the only certainty in the stock...