Market Overview

The Turkish Central Bank surpassed expectations by more than doubling its key interest rate to 10% from 4.5% in a late-night meeting last night, as well as raising other benchmark rates. The move was...

“FORECAST”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,...

Here we go again, the annual address by the President of the United States to Congress and fellow citizens. We did not really see any surprises from this year's speech, as Obama said things that were...

Global markets are taking a pause after their three day long rout and are enjoying some gains. Investors in the US liked quarterly corporate profits just before today’s FOMC policy decision and...

Asian markets are generally higher today, following the recovery in US as risk aversion waned. The Turkish central bank more than doubled its interest rates, from 4.5% to 10.0% and triggered a rebound...

EUR/USD Today’s support: - 1.3635 and 1.3614(main), where correction is possible. Break would give 1.3593, where correction also may be. Then follows 1.3565. Break of the latter would result in...

The Latest Conference Board Consumer Confidence Index was released this morning based on data collected through January 16. The 80.7 reading was above the 78.1 forecast of Investing.com and 6.1 above...

  The Conference Board’s survey of consumer confidence does a good job of picking up trends in the jobs market. I particularly like to monitor the “jobs plentiful” response...

Focus will be on emerging markets where one of the important battle lines so far has been Turkey's attempt to stabilise its currency. The Turkish central bank has announced an emergency meeting this...

Most of our indicators for credit risk including the swap-government bond spread, the spread between onshore and offshore money market rates and CDS-premiums for Chinese banks have all edged higher in...

The market appears to be transfixed by recent developments, and quite unsure of which direction to favor. The structures that are developing are extremely complicated and as such the risk of error or...

Political developments in Italy are happening faster than Prime Minister Letta can maneuver. The economy he is overseeing is the poster child of ECB President Draghi's assessment of a weak, fragile...

I'm flummoxed, right now, because I am bearish on gold but bullish on the companies that mine the stuff.So I’m hanging on to my SPDR Gold Trust (GLD) short – my only substantial short...

AM Analysis – “European stock futures rise ahead of the open” – Lee Mumford European stock futures rise ahead of the open, rebounding slightly from the previous day’s...