Market Overview

First the action, then the reaction:Following Thursday’s plunge in the dollar, Friday was a day of recovery after St. Louis Fed President James Bullard revived hopes of tapering. Many people in...

According to the preliminary data of the electoral committee of Germany, the chancellor of the country, Angela Merkel and her Christian Democratic Party, received the majority in the parliament yet...

Currencies The euro (EUR) climbed to a seven month high at 1.3568 against the US dollar (USD), after the FOMC statement last week. The pair now consolidates above its new support at 1.3500 and it...

As you might guess from its title, Bonds Are Not Forever: The Crisis Facing Fixed Income Investors (Wiley, 2013) is an admonition about investing in bonds under current conditions. Simon A. Lack, who...

Asian markets had a mixed day. Investors received better than expected PMI data out of China. Still volumes were very thin as the Japanese financial markets we closed for a public holiday. Today China...

Markets are rather steady as the week starts. The euro remains firm in tight range against the greenback after German Chancellor Merkel's victory in election. But, some weakness is seen in the...

EUR/USD Today’s support: - 1.3500 and 1.3478(main),where correction is possible. Break would give 1.3466, where correction also may be. Then follows 1.3449. Break of the latter would result in...

EURUSD – Intraday Price Action Suggests Continuation After launching higher post FOMC shocker, the Euro has held up solidly forming a bullish flag pattern. Intraday charts are suggesting the...

If you are teaching or taking an introductory macroeconomics course this fall, you will, at some point, encounter the money multiplier. The multipier posits that there is a stable ratio between M2,...

The Fed’s inflation target (using the core personal consumption deflator) has been 2% for quite some time. It’s been below that rate since May 2012. At last week’s press conference,...

After Sunday's German elections, it seems much easier to point out the losers than the winners. Alternative für Deutschland got 4.9% of votes according to the preliminary results late Sunday...

Following the impressive 0.7% second quarter economy expansion, the UK has continued their momentum throughout the summer period. According to the Organisation for Economic Co-operation and...

The surprising decision of the Fed not to taper QE sent the dollar plunging, but reactions were quite different among different currencies. Last week, the highly anticipated FOMC meeting caught...

Fed Brings Uncertainty Just two short days ago the Fed told us the economic data did not justify tapering their monthly bond purchases. The stock market jumped higher. Less than 48 hours later,...