Market Overview

The US dollar is little changed against the major currencies, while the emerging market currencies are more mixed, ahead of the FOMC statement later today. Global equities are higher. Core bond...

Inflation outlook Euro inflation is below the ECB’s 2% target and was 0.8% in December while core inflation reached a new historical low of 0.7% (see Flash Comment). In January, weexpect...

The emerging market fears, uncertainty about FED taper plans and a mixed earnings season are just three things creating an uncertain backdrop for the US stock market. This uncertain backdrop is...

We expect the Fed to cut its monthly bond purchases by an additional USD10bn in connection with today's meeting, and hence stick to its unofficial plan for tapering, see FOMC preview: On autopilot for...

Dollar to See a Breakout Regardless of FOMC OutcomeHeading into this week’s top event risk, the Dow Jones FXCM Dollar Index has worked itself into a position that necessitates a breakout. That...

AT&T (T) posted earnings after the bell today.  EPS came in at $0.53 verse the Zacks Consensus Estimate of $0.50, and Revenues of $33.2 billion, slightly beating the Zacks Revenue Estimate of...

“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...

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...

Back in July, I wrote that the key risk to a Fed taper was a rising risk premium and the health of emerging market economies was a key indicator of how the market might re-price risk (see It's the...

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...

Celent has put out a new report on “Trends in China’s Wealth Management Industry.”The author of this report, Hua Zhang, contends that the industry there has reached a turning point,...