Market Overview

Myth of a Japanese economic recoveryJapan raised its consumption tax rate in 1997 - a recession soon followed as well as a deflationary spiral which has lasted to this day. With this month's hike in...

GoldWEEKLY MOVING AVERAGES: The June gold futures contract closed at 1304. The market closing above the 9 MA (1292) is confirmation that the trend momentum is bullish. A close below the 9 MA would...

The mass media, bloggers, and various pundits remain quite negative on US labor markets. It's the easy road to take - just repeating the story of the last five years like the constant hum of the...

The concept of corporate earnings being the single biggest factor that drives key stock indices like the S&P 500 higher has been thrown out the window.While I continue to see analysts issue...

I have been extremely busy this past week which has put me behind on my usual reading regime. However, with Easter now past, this weekend will allow me the chance to catch up. Therefore, this week's...

The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) is at 134.6, down from last week's 134.9. The WLI annualized growth indicator (WLIg) rose to 4.1 from last week's...

The University of Michigan Consumer Sentiment final number for April came in at 84.6, a big jump from the 80.0 March final and up from the 82.6 April preliminary. This is the highest reading since the...

That retail sales rose in March in the United Statesmore than it was expected, on monthly basis by 1.1 percent - this is good news for the American consumer. The Economists had expected that the...

Theory and practice in money management have a rocky relationship. What looks good on paper often suffers a difficult and even a fatal transition to the real world for several reasons, including...

Yesterday, the American stock market had another moderate trading session, which helped indices to keep their gained positions, and even show a small increase. The stock market was again supported by...

• Troika review of Greece’s bailout programme• Ukrainian crisis• US consumer sentiment to reach last summer’s highsA quiet day on the data front, but luckily many of the...

MicrosoftCloud computing proved to be a very tangible business for Microsoft and this is the new arena where they have improved significantly in their earnings, however, in order for Microsoft to stay...

Currencies EUR/USD: The pair is bouncing from its support zone on a 60 minute time frame from our Identified level. The next support is at 1.3781 and the next resistance is at 1.390. USD/JPY: The...

Extremely narrow trading ranges have prevailed in the foreign exchange market as what has been an extremely quiet week draws to a close. The biggest mover of the week has been the Australian dollar,...