Market Overview

In this short note, we provide a graphical overview of the market movements in emerging markets and commodity exporting economies since the beginning of the year. We focus on the FX and equity markets...

Currencies EUR/USD- formed a downward wedge on a 60 minute time frame. The Support is near the 1.3520 and resistance at 1.3779 USD/JPY- the pair is moving up after breaking out of a reverse head...

European markets are on a firmer footing today, relative to past three trading sessions, as the positive sanguine filtered from the Asian markets. This not to say, that the anxieties about the...

There continues to be a gradual drift back to the forces that were in play before the drama of the second half of last week. While most Asian bourses were lower, with the MSCI Asia-Pacific Index off...

US markets continued their bearish run overnight as the DJIA extended losses after the average’s worst week since November 2011. Investors are eying the Fed decision due later today, where we...

USD is opening mixed in Europe, with some profit-taking in the safe-haven JPY and CHF, which were so strong yesterday. On the other hand the AUD and NZD rallied strongly overnight. Both these moves...

Currencies The euro (EUR) remained buoyant against the dollar after rising from 1.3530 to 1.3693 before the weekend. The single currency remained range bound since. Today’s events, including the...

The financial markets stabilized somewhat after steep selloff. The Dow once dropped to as low as 15783.55 overnight, but closed the session down -41.23 pts only at 15837.88. S&P 500 also just lost...

The FOMC meeting is starting Tuesday and policymakers will reveal Wednesday if they will continue to reduce the quantity of bonds and agency MBS in the asset purchase program that the Fed has been...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular and Premium are unchanged. Regular and Premium are down 49...

December existing home sales were released last week by the National Association of Realtors. Despite the happy headline report of a 1% gain over November, when you factor in the nearly 6% downward...

(Update:  After posting this article my friend Doug Short emailed me asking about the data.  Upon returning to the NYSE site for verification, the data I originally extracted from the site...

Tomorrow the President of the United States is set to deliver his annual "State Of The Union" address.  This past week, I discussed the upcoming speech with Dave Boyer at the Washington Times...

We seem to have seen key breaks in the EUR/USD and USD/CHF that should herald a stronger follow-through at some point. The problem I have right now is when that stronger directional break will occur....