Market Overview

Today's most interesting release is US retail sales for July. We expect to see an increase in the core measure of retail sales (excluding cars, building materials and gasoline) of 0.3% m/m, as data...

Sina Corp (SINA) has surprised investors by announcing it made a loss in the second quarter. The company, which is behind China's biggest micro-blogging site, revealed in a statement that it made a...

The Dow closed down just five points yesterday and finished at 15419 largely thanks to Caterpillar rising 2.14% as investors began to see value in the share price after it was pushed lower on weak...

It is difficult to talk about the US dollar today--it rises sharply against the yen and dollar bloc currencies, while falling against the European currencies. The economic data has reinforced this...

Tuesday's macro dispatches focus on several key reports, including an update on inflation in Britain; the mood in Germany’s financial community via the ZEW economic sentiment data; and the...

The dollar recovered across the board yesterday, with only the NOK gaining slightly vs the US currency. The shift in sentiment was particularly impressive given that Friday’s Commitment of...

EUR/USD Today’s support: - 1.3284and 1.3275(main), where correction is possible. Break would give 1.3243, where correction also may be. Then follows 1.3227. Break of the latter would result in...

Stocks headed for the fifth fall in six sessions on Monday, as signs of economic recovery pointed towards a cut in economic stimulus and monetary easing tapering. Safe-haven assets such as precious...

UK MPC Meeting Minutes will probably not surprise the market as it’s released August 14, 2013 after the Quarterly Inflation report where BOE introduced a Fed like threshold target for its...

Asian markets rose today led by the Nikkei 25 as it surged ahead 1.5 percent on a weaker yen and new corporate tax cuts.The Yen weakened in overnight trading to trade around $97. This helped the...

CurrenciesThe euro (EUR) continued the downturn for another day and is now trading around 1.3300 versus the US dollar (USD). The single currency may look for lower lows if German economic data come...

Yen weakens broadly today as Nikkei rises over 200pts on news that prime minister Abe is considering a corporate tax cut to offset the impact of the planned sales tax hike. The news came after...

I don’t think that those who disagree with me are dumb. It is often that the person in question is bright, but has presuppositions that disagree with mine. I am for the most part a libertarian....

EquitiesAAII survey readings came in at 40% bulls and 27% bears. Bullish readings fell by 4% while bearish readings rose by 2%. The AAII bull ratio (4 week average) currently stands at 64%, which...