Market Overview

This Great Graphic was compiled by the Wall Street Journal, based on their own survey data and forecasts by the Federal Reserve. It shows this year's inflation forecasts by the Federal Reserve,...

Since 2009 the Fed has been purchasing bonds to help stimulate the economy.  The purchases began at the depths of the financial crisis, and so originally these purchases were made with a focus on...

The Bank of England’s next quarterly inflation report (Wednesday) will determine whether forward guidance gets a slight make-over. Unemployment at 7.1% is hovering just above the 7.0% threshold...

Asian SessionRisk appetite was back in the currency markets following some key events – from Yellen’s testimony on Tuesday to China trade data on Wednesday.The dollar regained losses...

Pay USD 1Y1Y at 0.61% vs receive 2Y1Y at 1.49% in 2-to-1 BPV ratio. Enter ½ position at 27.0bp (estimated roll-down 21.5bp over 12 months). Keep a possibility of scaling into the next...

Janet Yellen must be wondering why she ever agreed to take this job.In her first congressional testimony today as Fed chairwoman, I witnessed one representative badger Janet Yellen to give a precise...

Over the last year, investors have been lulled to sleep wrapped in the warmth of complacency as the Federal Reserve stoked the fires of the market with $85 billion a month in liquidity...

On Janet Yellen’s first day on the job as Fed Chair, the Dow Jones Industrial Average dropped 326 points; 10-year Treasury yields fell to a mere 2.58%. While a day does not set a trend, let...

The latest issue of the NFIB Small Business Economic Trends is out today. The February update for January came in at 94.1, up 0.2 points from the previous month's 93.9 and the third month of...

AM AnalysisA positive session in Asia overnight European futures are indicating a higher open, following a positive session in Asia overnight with the FTSE indicating a 20 point higher open. With a...

The Bank of England's Quarterly Inflation Report will be released tomorrow, followed by comments Governor Carney. He is expected to signal that despite the 7.0% unemployment threshold being...

It is going a long morning in the foreign exchange market with traders waiting patiently for Janet Yellen to deliver her first semi-annual testimony on the economy and monetary policy. Her prepared...

Today we are going to take a look at a developmental biotech, which well-known biotech institutional investor firm Baker Brothers LLC has a substantial position in. The company is developing a blood...

Tuesday is a light day for Eurozone updates but several new numbers for the US will collectively provide a richer profile of how the economy is holding up, or not. First up is the monthly release of...