Market Overview

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...

The US stock market fell sharply last week, while US bonds were rising which is ideal scenario for a bullish JPY. So the JPY was one of the best performers lately. In risk-off mode you would typically...

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...

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...

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...