Market Overview

The dollar held steady on Monday as investors refrained from bets on the currency before the publication of the US Fed minutes on Wednesday. It is expected that the minutes might give a more clear...

EUR/USD Today’s support: - 1.3314 and 1.3286(main), where a correction may happen. Break would give 1.3264, where correction also may be. Then follows 1.3241. Break of the latter would result in...

This question is on all market participants’ minds. Attention is now centered on whether the process will begin, as some FOMC participants have suggested, as early as the September FOMC meeting....

Tuesday is a slow day for scheduled economic reports, although three numbers bear watching for clues about the economic outlook in Japan and the US: the Japan All Industry Index, followed by the US...

I reviewed the following report from the Federal Reserve to Congress today, and found it disappointing. From my prior experience as an actuary, and the time that I spent on the asset-liability...

Asia has become the most important issue for the markets today. The Central Bankers’ dream of endless QE has become a nightmare for Japan while China’s “growth miracle” is...

Goodness gracious the market seems to be extending its consolidation. We did see some downside progress in the dollar against the Europeans, but that hardly sustained. Its eyes still displaying signs...

The latest quarterly earnings season has demonstrated a very weak performance by the retail sector, which was consistent with the economic data.On August 13, the report on Retail Sales for July from...

Turkey's Central Bank meets Tuesday and is expected to keep policy rates steady, though given the pressure in EM currencies, we assume an off chance of a surprise rate increase.With the lira having...

In July, the seasonally corrected trade balance worsened to JPY 944 billion. In particular, the decline in exports – 4.8% in volume -- disappointed. Exports to Europe have clearly picked up, but...

The US dollar is starting the new week in a mixed fashion. It is weaker against most of the major currencies, firmer against the emerging markets. It is as if the flows leaving the EM asset class and...

The three-month average of the Chicago Fed National Activity Index (CFNAI) is expected to remain unchanged at -0.26 in tomorrow's update for July, according to The Capital Spectator's average...