Market Overview

Talking Points:Dollar Ends Congestion with Collapse Euro Receives Further Encouragement for QE New Zealand Dollar: RBNZ Says ‘May Intervene’ Dollar Ends Congestion with CollapseFollowing...

After several years of frenzied buying (see post), corporate loans have fallen out of favor - somewhat. Fund flows have turned negative, .. and performance on a total return basis has flat-lined. Over...

This Great Graphic was posted by Benn Steil and Dinah Walker from the Council on Foreign Relations. It shows numerous countries' bank exposures to Russia. It is based on data from the Bank for...

After three months of consistently disappointing jobs numbers, the markets were as keyed up for a good jobs report as a long suffering sailor awaiting shore leave in a tropical port. The just released...

Bad weather may be a poor excuse for the recent stalling of the housing recovery. On Monday, Jeff Gundlach, the CEO of DoubleLine Capital, recommended shorting homebuilders. He did so at the Sohn...

HIGH: 1879.80 RECENTLY LOW: 1861.00 FIRST 15 Minutes LAST: 1879.00 UP 4.5 Handles TOTAL VOLUME: 1.2 mil / ESM 2.1K MOC: MIM Showed SELL 230mil / Actual was 230mil CASH CLOSE: 1878.70 AREA Mondays, Up...

Several economic updates for Europe arrive today, offering the potential for adjusting expectations for Thursday’s monetary announcement from the European Central Bank. First up: Spain releases...

The first estimate for the service PMI indicator for Italy and Spain will be the most interesting new information in connection with today's release of final service PMI in the euro area. We expect...

EUR/USD Today’s support: - 1.3850, 1.3809 and 1.3788(main), where correction is possible. Break would give 1.3764, where correction also may be. Then follows 1.3747. Break of the latter would...

Even though the last update on the blog was last week, the recent tempo of my travels as well as long days have made it feel like an eternity. Good food, good drinks and very long and late...

Aussie attempts to rise after RBA left rates unchanged at 2.50% as widely expected but it quickly lost momentum and settles back into prior tight range. The most important part of the accompanying...

The US markets did a U turn last night and recovered from their losses after dropping triple digits. Investors are confident and ready to comb through more economic data which is due today. We have...

If you’re my generation or older, you may remember taking the original Pepsi Challenge -- the (COKE.O) versus (NYSE:PEP) taste-testing booths that you would find at sporting events, fairs and...

Although it feels like a long time ago, we must return to Friday’s jobs report from the US. The 288k increase in payrolls jobs was much higher than the 215k expectation and allowed those of us...