Market Overview

Fundamentals and Technicals Both WaningDeterioration in risk-on vs. risk-off charts contributed to our incremental risk-reduction moves last Thursday and Friday. Charts feed off of fundamental...

It’s not a big surprise we’re seeing some support at these levels. I hate the term “oversold”, but it really does apply to a lot of the stuff I look at. I frankly think if...

Lately, it seems that Japanese officials can’t sneeze without incurring the wrath of the Chinese — and vice versa. So it’s no surprise that even conciliatory statements from Shinzo...

Last Friday we had some very strong falls in the emerging markets currencies due to the stimulus cuts that the Fed is about to implement. Safe haven investment instruments like the Japanese yen, the...

The latest IMM data covers the week from 15 to 21 January 2014. The CHF and JPY shorts were seemingly cut already ahead of the meagre Chinese PMI figure which - coupled with a series of local events...

[Editor's Note: Both the NASDAQ and S&P are already testing the "next" major support levels discussed below, but realize this article was written BEFORE the January 27 open. Solid educational...

The euro settled at $1.3681 at 4:15 GMT on Monday morning after eurozone policy makers admitted that the region's governments still have a long way to go until recovery becomes a...

Emerging market central banks are getting desperate and their latest attempts to drive up the value of their currencies helped risk appetite recover across the financial markets. Last week, the crisis...

Israeli central bank meets today and is expected to keep rates steady at 1.0%. Price pressures remain low, with CPI rising only 1.8% y/y in December and is right near the center of its 1-3% target...

AM AnalysisAsian equity benchmarks encountered one of the toughest sessions last night Asian equity benchmarks encountered one of the toughest sessions last night since June, with investors suffering...

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...

On Tuesday, statistics from Sweden reveals both retail sales and trade balance numbers for December, giving us the input necessary to compute a first estimate on Q4 GDP. In general, we expect...

Market focus will remain on the development in emerging markets. At this stage we do not expect the emerging market wobbles to be enough to prevent Fed to continue tapering in connection with the FOMC...