Market Overview

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...

Now, now, children! Stop fighting! This is unbecoming! It is apparent now that the disagreements in the FOMC – while nothing new – are becoming more significant and the hurly-burly is...

Last week the Fed treated us to a whipsaw as market perceptions apparently were not in line with the FOMC policy statement, which was basically a punt. Then the very next day the Fed’s James...

The euro held on to gains and remained above $1.35 on Monday morning after German elections resulted in current Chancellor Angela Merkel being re-elected. However, it appeared that Merkel won't have...

The FTSE 100 was down 15 points in early trading this morning alongside most European stock markets as investors took in the results from the German election over the weekend with victory for Angela...

The manufacturing sector in China is picking up speed, according to the latest Purchasing Managers' Index (PMI) revealed by HSBC. It was announced by the bank that the industry rose to 51.2 in...

The euro got a boost over the weekend after German chancellor Angela Merkel won the country's latest elections. It increased to 1.3542 against the dollar yesterday (September 22nd), up from 1.3527 on...

While September 2013 is shaping up to be a month to remember, none of us will ever forget September 2008. How could we? In a single month’s time, the entire financial world imploded…...

Quite a lot of today’s market activity will be focused on digesting the implications of yesterday’s parliamentary elections in Germany. As my Saxo colleague Juhani Huopainen observed on...