Market Overview

On Friday, on the US stock market, we observed movement which was almost completely opposite of the movement we saw on Thursday. The majority of liquid papers were growing, and the favourites were...

Trusting in the US economy ability to grow more than unchanged Fed’s Easing stance, the risk appetite has rose in the recent trading sessions following the release of US labor report of October...

While common sense tells us “printing our way to prosperity” seems like an unlikely longer-term outcome, in the short run it can help push stock prices higher.From Bloomberg:The global...

I have a tendency to write too much when often somebody else has already said it better than I possible could. Thank you to all of our Servicemen and women on this Veterans/Armistice Day.Big Picture,...

To start, we praise the women and men of the armed forces of the United States as we remember them today. The freedom of our nation depends on them. Now to markets. Three dynamics are at work this...

The October Personal Income and Outlays report for September was published Friday by the Bureau of Economic Analysis.The latest Headline PCE price index year-over-year (YoY) rate of 0.92% is a decline...

EM currencies are coming out of a rough week, and are starting off this week on a softer note as well.The worst performers over the past week are CZK (-4% vs. EUR), BRL (-3% vs. USD), INR (-2.5%), ZAR...

The economic recovery in the UK may remain slow, after a new report found employers are still cautious about creating new jobs. A survey by the Chartered Institute of Personnel and Development (CIPD)...

The US dollar is mixed near midday in London. The euro has steadily climbed to poke through $1.34 and is the strongest of the major currencies. Sterling is heavier, mostly it appears as a function of...

Recession risk is projected to remain low, according to the revised projection for the three-month average of the Chicago Fed National Activity Index (CFNAI). This benchmark of the business cycle is...

The U.S. economy appears to have put the partial government shutdown well behind it as employment surged in October with employers adding much more workers than con-ensus expectations. Adding to a...

Even though he is sometimes derided for being a perma-bull (or in his words, “a redundant bull” [p. 62]), Laszlo Birinyi has a long, proven track record which has earned him the title...

This week the scorecard recommends buying NOK, CHF and CAD while selling AUD, EUR and NZD. The NOK was sold off significantly at the end of last week without any important news out of Norway....

Today we have a light calendar with only few releases. The euro area peripheral countries could get some attention with Italian industrial production expected to increase after two months of decline. ...