Market Overview

Yesterday saw another day of unwinding the post-Federal Open Market Committee reaction, which brings us to a full day five after the event. My long-time readers know that I often trot out my old rule...

The Nikkei's poor start to the week continued today when the index dropped back by 0.8 per cent. After the index was closed on Monday for a public holiday, it fell by 0.1 per cent yesterday to get the...

The world's largest dairy company, Fonterra, has announced an increase in profits. It was revealed by the firm that it made a net profit of 736 million New Zealand dollars (£360 million) for the...

Investors continue to wrestle with the implications of the Federal Reserve's decision last week not to taper. What is being generally overlooked is that a full third of the market, according to...

The dollar and the yen are mildly higher as risk markets retreated on the US debt ceiling standoff. US Treasury Secretary Jacob $50 billion in cash by mid-October, and expectations that a deal could...

EUR/USD Today’s support: - 1.3449(main),where correction is possible. Break would give 1.3432, where correction also may be. Then follows 1.3413. Break of the latter would result in 1.3390. If...

On Sunday, we saw the results of the election in Germany, the powerhouse of the eurozone. Angela Merkel won again. Her re-election sent a wave of optimism through Europe. I can just hear the chants...

Although White House officials have confirmed that President Obama will not meet with Iranian President Hassan Rohani at the United Nations General Assembly, it appears that Iran is preparing to...

A newly issued report by the Bank for International Settlements speaks volumes about what is happening to the world banking system as the new millennium enters its troubled teen years. I refer to the...

The National Income and Products Accounts (NIPA) show that the pre-tax compensation of workers dropped to 61.0% of national income during Q2. That’s the lowest since Q2-1955, and below the 65%...

AM Analysis – “UK markets expected to rebound today” – Alex Conroy UK markets are expected to rebound today with the MPC last night attempting to end speculation of a rates...

Stock markets are trading at all-time highs. Last week, the Federal Reserve announced it would not cut its current $85 billion a month QE-3 program. In other words, the central bank to the United...

As a resident of the Fifth District, this is a regional manufacturing index I pay close attention to. The Fifth District includes Virginia, Maryland, the Carolinas, the District of Columbia and most...

Italy's benchmark 10-year bond yield has fallen about 20 bp since the Fed's decision not to taper and it has moved back below comparable Spanish yields, but its problems have not diminished. Rumors of...