Market Overview

Summary: It’s time for another look at the US economy. Economists have lots of enthusiasm. Lots of bad news, blamed on the severe winter that hit much (but not all) of America. It’s...

Spending by the US federal government has seen the steepest drop as share of national income since demobilisation after the Second World War.Claims that President Barack Obama is bankrupting America...

• Keystone pipeline delayed again• Bank of Canada talks down Loonie• US dollar index trending higher intraday Various FX markets have been chopped and diced like vegetables at a...

France Business Climate Indicator (06.45 GMT): Business activity in the Eurozone touched a three-year high in the April flash estimate of Markit’s Composite PMI. The upbeat report doesn’t...

German IFO expectations are due for release. We expect a decline for a third consecutive month although the level is set to remain high. The current assessment component is likely to continue to...

Market Roundup: The New Zealand dollar saw the most action following RBNZ decision to increase rates by 25bps to 3%. NZDJPY jump 0.4%. The markets had already priced in the rate hike but the following...

Currencies The euro (EUR) has broker lower from yesterday’s high of 1.3851 against the dollar. The single currency is moving just above 1.3820 in early trading with short term support at...

• Positive numbers and forward-looking components looking strong • France's gap grows again after contracting in March • Employment picking up but deflationary threats remainMarkit...

US Dollar Breaks Resistance, Hinting at More Gains Ahead S&P 500 Recovery Continues as Prices Approach April Top Gold Testing Monthly Bottom, Crude Oil Sets Two-Week Low US DOLLAR...

Being financial reporting season, it’s important to discern between results that beat Wall Street consensus and real economic growth.Abbott Laboratories (NYSE:ABT) just announced...

The Greenback produced indecision candles across the board, but held onto recent gains despite poor numbers from housing and Manufacturing. The Australian dollar suffered the most, selling off across...

Housing remains a weak spot in what otherwise looks like a fairly broad improvement across the US economy. The new home sales report today for example came in materially below expectations.Signs of...

As we noted yesterday, the reporting season in the US passed successfully. Many companies are presenting positive results and showing increased profit. Apple Inc (NASDAQ:AAPL) continues to show...

The market certainly seems to be very reclusive. This is very evident from the type of structures that have developed over the past couple of weeks, possibly even from the start of the Crimea issue....