Market Overview

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...

The release of Q2 GDP of Japan could contain the current market sentiment to encourage the traders to wait for a bottom again of USDJPY to restart buying it. USDJPY has broken its previous resistance...

The chart below paints a sorry picture for precious metal bugs with the US dollar just managing to stay in positive territory as losses mount for gold, silver and the mining sector. In broad terms the...

State Street Corp. looks at the regulatory treatment of SEFs and at other derivatives-clearing issues in a new report and concludes that coming or ongoing changes will transform the over-the-counter...

Chile central bank meets Tuesday and the market is split between no change or a 25 bp cut to 4.75%. If they cut, this would be the first cut since January 2012. Exports have started to recover, but IP...

Some myths just won’t die!A year ago, I warned about a massive lie being perpetrated against the investing public. Specifically, that higher GDP growth translates into higher stock market...

FORECASTSTOCKS: The world economy is weakening: the US payroll tax increase and “sequestration” are pressuring the US economy; China is being pressured by Japan, and both the US and China...

Shares in the Royal Bank of Scotland (RBS) are not going to be sold by the UK government in the near future, it has been revealed. In an interview published by the Sunday Telegraph yesterday (August...

Tomorrow's report on US retail sales for July is projected to show a monthly increase of 0.2%, according to The Capital Spectator's average econometric forecast. That compares with a previously...

The US dollar is trading higher across the board as the North American session is about to begin. The news stream is light and the main feature has been the disappointing Japanese Q2 GDP. Both the yen...