Market Overview

Rebalancing in one form or another is usually at the heart of success (or failure) in portfolio management. The challenge is distinguishing between those times when the rebalancing opportunity appears...

Today’s update of the Ifo Business Climate Index for Germany will be closely analysed as the market looks for additional perspective on Germany’s macro trend after Sunday’s...

German Chancellor Angela Merkel was returned to power over the weekend, winning her third consecutive federal election. Her position on the European sovereign debt crisis, record of economic growth...

U.S. markets extended their steep losses for the third day in a row as investors are even more confused as to when the Federal Reserve (Fed) will begin to taper back its bond purchase program. They...

If you ever wondered about the power of a single person’s comment on a currency market, wonder no more. Despite the European Central Bank’s (ECB) prediction of a smaller shrinkage for the...

Let’s put another nail in the coffin of the “recovery” talk.Bernanke and the Fed allege that the purpose of QE is to help housing recovery. But rising home prices do not actually...

William Dudley of the New York Fed made an important speech yesterday entitled Reflections on the Economic Outlook and the Implications for Monetary Policy that justified the Fed's decision to delay...

Thinking that things are better than most believe they are is dependent on how one looks at the available data. I am optimistic because I see the Private Economy Sector overcoming the drag coming from...

STOCKS: The world economy is muddling through. The US payroll tax increase and sequestration are headwinds to the US economy, China is being pressured by Japan, while both the US and Chinese housing...

The eurozone manufacturing PMI declined slightly from 51.4 to 51.1, while the service sector PMI increased from 50.7 to 52.1. The same pattern was seen for both Germany and France. It might indicate a...

Moody's altered Ireland's rating outlook to stable from negative after market close on Friday. Moody's kept the rating unchanged at Ba1. Hence, Moody's is still lagging both S&P and Fitch who both...

Market movers today: After financial markets have digested the outcome of the general election in Germany, focus will shift to flash PMIs for the euroarea in September. The better than expected...

We argue that, with a more bond-friendly global environment and a Riksbank priced too aggressively, it is a good opportunity to take more risk in Sweden. We recommend extensions along the covered bond...

In the US, the latest batch of economic indicators has been relatively strong. The index of leading economic indicators rose 0.7% during August to the best reading since April 2008. A big jump in the...