Market Overview

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...

Over the past week all of our core market health indicators fell. This isn’t encouraging considering the fact that the market rebounded from weakness early in the week.  It is starting to...

-- 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....

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...

• German trade surplus to increase again• UK industrial production to post mild gain • UK external deficits at pre-ERM crisis levels Today’s data calendar is light. After the...

Inflation gap to the Riksbank narrows slightly and risks are skewed to the upside. Receive the tail rate between SGB1057 and SGB1058. The FSA announces new capital requirements for Swedish banks. To...

Next week will be quite interesting in terms of macroeconomic data out of the region. Of particular interest will be Q1 GDP numbers for Poland, Hungary, the Czech Republic and Romania. Overall, much...

May 6 was the the four year anniversary of the Flash Crash. It was a bitter anniversary for our S&P desk, which has been on the floor since 1985. We took a big hit that day and still wonder why it...

It’s the always present question mid-size and start-up funds ask themselves day in and day out. Why do investors keep plowing money into the largest of the large hedge funds when the statistics...

Market movers ahead In the US, we can look forward to an eventful week with plenty of key figures and FOMC speeches on the agenda, with Janet Yellen's (voter, dovish) speech on Friday. We estimate...