Market Overview

Dear Tim,Congratulations on the release of your book. I assure you that I will read it and review it here at my blog. Given your positions formerly as head of the New York Federal Reserve and...

Dear Tim,Congratulations on the release of your book. I assure you that I will read it and review it here at my blog. Given your positions formerly as head of the New York Federal Reserve and...

This Great Graphic was tweeted by Pawel Morski, who got it from Deutsche Bank Research compilation of data from the Federal Reserve Board. It shows the Fed's Gross Domestic Product (GDP) forecasts...

Another day and another record finish on Wall Street, and the same momentum is filtering into the European markets. This momentum is unstoppable at-least for now and the equity markets only want to...

The US dollar has turned a little better bid, but activity remains subdued and ranges narrow. There are two catalysts today.First, the German ZEW survey disappointed, though it consistent with recent...

After a muted start to the week, the number of economic releases is picking up and today's updates include the ZEW sentiment survey data for Germany. We’ll also see how the mood is faring in the...

For the last months, the press conferences of Mario Draghi at the European Central Bank (ECB) have felt very repetitive. The argument has always been the same: inflation is below target and this might...

EUR/USD Today’s support: - 1.3723 and 1.3714(main), where correction is possible. Break would give 1.3693, where correctio also may be. Then follows 1.3668. Break of the latter would result in...

The yen remains the weakest currency this week and extends the pull back on strong risk appetite. Investors shrugged off the situation in Ukraine and pushed the Dow to new record close of 16695.47...

We expect another small decline in German ZEW expectations for May after it has trended downwards during the first few months of 2014. On the other hand, the current assessment component has improved...

Over the last year, the emerging markets (EM), especially the “Fragile Five” of Brazil, India, Turkey, South Africa and India have suffered a brutal selloff. Now the tide is beginning to...

There is a constant flood of articles in the media articulating that hedge funds have performed badly because they have underperformed the S&P 500 index. Many of these articles suggest that it is...

Staying with the Argentina theme, it seems that investors are no longer as concerned about a technical event of default. Argentina CDS continues to tighten. Moreover, investors are looking beyond this...

The NFIB small business "pessimism" index has been stuck in the doldrums since the recession as these companies continue to report lackluster business confidence. However the retirement accounts of...