Market Overview

This past Friday, the Bureau of Labor Statistics reported 175,000 jobs were added to the U.S. economy in the month of February. (Source: Bureau of Labor Statistics, March 7, 2014.)The way the media...

Over the weekend, Russian President Vladimir Putin expressed his support for the Ukraine’s Crimean peninsula’s move to separate from Ukraine and join Russia. His comments increased the...

One of the concerns that inflation hawks continue to discuss is the potential for trouble when banks start lending out all that liquidity that’s sitting on their balance sheets. At that point,...

As expected, the Cabinet Office revised down GDP growth for 2013 Q4 to 0.2% (or 0.7% annualised) from 0.3% in the first preliminary estimate. This is still above potential growth, estimated at 0.3%...

Factors such as index extension, pension flows, and redemptions are expected to support the 10-year segment of the Swedish government bond curve over the next couple of months. Focus will also be on...

A number of surprisingly softer economic data released over the weekend from the world's second-largest economy is sucking life out of Capital Markets. Friday's market buoyancy provided by a decent US...

EquitiesRecent AAII survey readings came in at 41% bulls and 27% bears. Since the last report in early February, AAII readings have recovered back towards neutral levels. Averaged over four...

Over the past five years, the equity markets have maintained a droning and repetitive message to anyone questioning the fundamental underpinnings lurking beneath the equity market rally. -...

Currencies The euro (EUR) reached its four month high at 1.3915 against the US dollar (USD) on Friday. Better than expected NFP figures on Friday did not help the US dollar to advance against the euro...

Asian SessionRisk aversion took hold on Monday after a shockingly weak Chinese trade balance report sent a shiver through the markets on the weekend. The world’s second largest economy posted a...

Greg Harmon’s Trading Options Using Technical Analysis to Design Winning Trades (Wiley, 2014) is a useful intermediate-level book. Although the author spends more than half the book on a survey...

Best read of the week: Putin will crap on Russia’s capital markets with his tough-guy display in Ukraine. May not seem like much, but the enduring legacy of Ronald Reagan is that the US...

Monday’s a quiet day for US economic news — a lull that will focus attention on a trio of industrial production updates for Europe’s main economies excluding Germany. The numbers...

EUR/USD Today’s support: - 1.3842, 1.3820 and 1.3793(main), where correction is possible. Break would give 1.3768, where correction also may be. Then follows 1.3744. Break of the latter would...