Market Overview

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...

Currencies EUR/USD- bounced from its support on a 30 minute time frame which was given in our analysis last week. The Support is near the 1.3520 and resistance at 1.3779 USD/JPY- the pair bounced...

European markets have continued the new week in a firm negative territory by building up their losses which they experienced the last week. It appears that this momentum has still a lot of steam left...

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 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...

RBNZ Interest Rates decision today is expected to be unchanged from the previous release of 2.50%, although RBNZ is expected to hike rates eventually, it’s just a bit too early as most analysts...

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...