Market Overview

Swiss bank UBS (UBS) has reached an agreement with the Federal Housing Finance Agency over claims it mis-sold mortgage investments in the US between 2004 and 2007. UBS revealed that its second...

Thankfully it’s Monday and the beginning of a new week – let’s hope we get some market movement and prove that the summer doldrums are a myth. Despite everything it was a busy...

With a very thin calendar focus will be on markets digesting the statement from the G20 meeting over the weekend (see below).US existing home sales are expected to continue to improve in June. In May...

The LDP-led coalition government as expected won a landslide victory in connection with the Upper House election and now has a clear majority in both Houses. The landslide victory largely reflects the...

The gold breaking above 1300$ with the beginning of this week by this characteristic suggesting that the way done could be over at this time and there can be a way for getting back to 1348$ before...

Based on the earnings releases so far in the S&P 500 earnings surprises are a bad predictor for two-day excess return around the earnings release with Advanced Macro Devices the prime example. ...

EquitiesAAII survey readings came in at 48% bulls and 21% bears. Bullish readings fell by 1% while bearish readings rose by 3%. The AAII bull ratio currently stands at 70%, which still indicates...

UK Prelim GDP is the most tradable GDP release out of the three since it’s the first look at the economic conditions in UK for the second quarter of 2013. A strong release should solidify...

US New Home Sales is another economic indicator measuring the housing market, as the housing market is the foundation of the economy, a strong reading should add to the sentiment of a Fed tapering in...

The AU CPI release today has the potential to change the short-term trend for AUD as a stronger than expected inflation reading could change RBA’s stance on keeping policy accommodative, and...

Asian markets were rather mixed today as they reacted to Shinzo Abe’s overwhelming victory in the Japanese upper house elections. They also digested some pretty big banking reforms announced by...

The Japanese yen opened the week slightly higher, together with Nikkei, after prime minister Abe's party won in the upper house election. The ruling Liberal Democratic Party and its coalition took...

Signals are automatically generated by integrating electronic weekly nearest futures statistics with proprietary algorithms. GOLD The August gold futures contract closed 1.295. The market closing...