Market Overview

Market Snapshot: INDICES: Indices are an excellent barometer of risk, so to see them sell-off across Europe, WE and Asia should be a clear signal that the markets are a little risk averse at late....

Monday’s a slow news day for macro and so the January report on Germany’s Ifo Business Climate Index may have a larger-than-usual influence on the trading day ahead. Later, we’ll see...

The major currencies are consolidating, but many of the emerging market currencies, including the South African rang, Turkish lira, Indian rupee, Russian rouble, Polish zloty and Hungarian forint...

In January, the IFO business climate index increased from 109.5 to 110.6, thus reaching the highest level since July 2011. The survey is consistent with acceleration in the recovery pace at the...

In December, real exports contracted by 0.7%. However, this is probably much more related to capacity shortages than to sluggishness in international trade or competitiveness problems. Japanese...

U.S. equities markets fell off sharply and Treasuries rose on Friday. The Dow Jones saw a triple digit loss for the second time last week and has had its worst week since November of 2011. Investors...

CA GDP is expected to be around 0.2% and in the event that we get our deviation of 0.3%, we should see plenty of market reaction today, especially considering how much CAD has depreciated, as worth...

Because this is the first quarterly release, we are likely to see plenty of market reaction. One thing to remember is that since the figure is expected at 3.2%, even if we were to miss the forecast, I...

UK Prelim GDP is the probably the most tradable GDP release out of the three since it’s the first look at the economic conditions in UK for the final quarter of 2013. A strong release will add...

US New Home Sales measures the new homes sales market which is a reflection of the overall health of the economy. If we get a significantly higher than expected figure, it would definitely add more...

EUR/USD Today’s support: - 1.3656, 1.3640 and 1.3610(main), where correction is possible. Break would give 1.3593, where correction also may be. Then follows 1.3565. Break of the latter would...

After a bad week in U.S. equities and a really bad week in emerging markets, is there a relevant message? If so, does it matter for day traders, swing traders, investors, or all of the above? The...

GoldWEEKLY MOVING AVERAGESThe February gold futures contract closed at 1267 . The market closing above the 9 MA (1238) is confirmation that the trend momentum is bullish. A close below the 9 MA would...

Since the financial crisis, increasingly, U.S. Treasury issuance has occurred at the short end of the interest rate curve. Unlike many mortgage borrowers who refinanced their mortgage debt to lock in...