Market Overview

Last Tuesday, Allan Meltzer, a renowned historian of the Fed, warned in a WSJ op-ed: “Never in history has a country that financed big budget deficits with large amounts of central-bank money...

Below is a look at how Chinese assets are performing. There has been much speculation that China's banking system is in a state of disarray, and its economy may be undergoing a collapse of sorts.The...

On the most basic level, the key issue facing investors is whether the markets are at a turning point. The dollar looked like it was going to break down, with the euro and sterling poised to have...

Recently the Federal Reserve released their April 2014 Senior Loan Officer Opinion Survey showing banks generally eased their lending policies for commercial and industrial (C&I) and...

While the US is celebrating a (supposed) recovery, other big parts of the global financial system are behaving as if some sort of deflationary crash is just around the corner. In Europe, for instance,...

The following table lists the key economic data and other events that came out during the week of April 28th through May 2nd, with release times displayed for the GMT time zone. The list also...

As the massive over-liquidity in the US banking system reaches new highs, the amount that banks borrow from each other continues to decline. In the past, some banks borrowed from other banks in order...

One week ago Friday, the Bureau of Labor Statistics reported 288,000 jobs were added to the U.S. jobs market in April. The unemployment rate fell to 6.3% from 6.7 % in March. (Source: Bureau of Labor...

-- VIX stalled beneath its Short-term resistance at 14.60 before falling back toward the lows.A Minor Wave 2 low may have been putin.There is still a sense of complacency among investors that may be...

Housing is the weak link in an otherwise upbeat trend for the US economy. Deciding if this is a temporary soft patch for real estate or the start of something darker is still a work in progress. The...

Market Drivers for May 9 2014Chinese inflation gauges muted German Trade deteriorates Nikkei .25% Europe -.51% Oil $101/bblGold $1290/oz. Europe and Asia:CNY CPI 1.8% vs. 2.0% CNY PPI -2.0% vs....

Yesterday, investors were focusing on the meeting of the European Central Bank, which strongly affected the euro's position in relation to main currencies. The ECB kept the interest rate on the same...

Market movers today We have a very light data calendar with only secondary data releases scheduled. In Europe both the UK and Italy will release industrial production for March. In general industrial...

EUR/USD Today’s support: - 1.3809(main), where correction is possible. Break would give 1.3792, where correction also may be. Then follows 1.3771. Break of the latter would result in 1.3764. If...