Market Overview

China’s manufacturing activity continues to slow down. Today’s Markit/HSBC Purchasing Managers’ Index (PMI) came in at a seven month low for February. Once again, worries regarding...

After last month's disappointing figures there was no doubt the markets would be eagerly watching today's release to see if the world's 2nd largest economy manufacturing sector continues to decline....

The trading week, was as always, full of news about the US economy and the UK. On almost all trading days the cable fell. On Thursday, it fell by more than 190 pips to the dollar. But at the end of...

Just recently the Federal Reserve Bank of New York released its quarterly survey of household debt which showed an increase of $24.1 billion in the fourth quarter of 2013.  My friend Cullen...

As high income economies improve and the financial sectors stabilize, central bankers understandably and rightly, want to move away from the unorthodox policies that were necessary to avoid an even...

Top US and European trade negotiators met this week in Washington and took stock on the progress of the Transatlantic Trade and Investment Partnership (TTIP) negotiations. The next formal round of...

French and German (flash) manufacturing PMI are to be released on Thursday, before the crucial European release. These two countries are to be watched for any significant moves away from or towards...

In 2013, the U.S. economy, as measured by gross domestic product, rose at an average rate of 1.9% compared to 2.8% in 2012. And as it stands, GDP may slow further in 2014.What makes me think this? In...

'A lie told often enough becomes truth'  -- Vladmir Lenin  When you read such a quote -- and the source from whence it came -- it's amazing how much the political, banking and media...

Despite being closed on Monday, U.S. markets had a relatively quiet day Tuesday. The Dow lost about 24 points to close at 16,130.40. The S&P was up 0.1%, or about two points, to 1,840.76 and the...

STOCKS: The world economy is healing. However, there remains clear headwinds to the continuation of this healing, such as the emerging market risk-reassessment. Quite clearly, risk is being mispriced...

Currencies EUR/USD: The pair has broken its resistance on a 30 minute time frame. The next resistance is at 1.3818 and the support is near the 1.3689. USD/JPY: The pair fell from its resistance zone...

European markets are trading higher ahead of the key economic meetings on both sides of the Atlantic. But, before we go and discuss them, it is imperative to point out that the weak ZEW number for...

Currencies The euro (EUR) continues to rise against the US dollar (USD) as the pair moves above 1.37616. The single currency has risen above a one month high as the dollar continues to weaken. The US...