Market Overview

Growth slowed again in H1 2013 and the outlook for H2 is still morose despite an accommodating monetary policy. Rating downgrades, balance of payments financing constraints and an inflation rate close...

Growth in the Philippines surpassed expectations. After a strong 2012 GDP performance, the economy accelerated again in Q1 2013, driven by household consumption, and is expected to remain strong in...

Following a period of overheating in 2009-2010, the introduction of austerity measures in early 2011 has instigated a sharp slowdown in credit and investment growth. This has both allowed to reduce...

After two difficult years, the Moroccan economy will get a boost from an exceptional harvest. Yet this should not be allowed to mask the net slowdown in non-agricltural activity due to the European...

Saudi Arabia records solid economic performances. Growth is strong, mainly in the non-oil sector. The government is in a comfortable financial position, but its vulnerability to oil prices is growing....

Lingering political instabilityThe deteriorated economic situation since 2009 has fuelled public unrest, which has long been latent. But it was the increase in electricity prices, voted in summer...

Barclays Capital had a sobering update on India yesterday. Apparently June saw the largest outflows on record from India bonds and equity portfolios. As a result, declines in India's foreign reserves...

Stuck in a 6.5% mortgage? Would like to refinance, but don't have sufficient equity in your home? Welcome to the wonderful world of "financial innovation". You can do what some businesses do when they...

Dovish comments from U.S. Federal Reserve Chairman Ben Bernanke sparked a sharp rally across financial markets on Thursday, as relief followed weeks of jitters that the central bank could take back...

EUR/USD Today’s support: - 1.3005, 1.2984 and 1.2957(main), where correction is possible. Break would give 1.2932, where correction also may be. Then follows 1.2909. Break of the latter would...

Some recent hard-hitting articles in the Financial Times cast a stark spotlight on the state of Chinese manufacturing. The first looks at the impact of the surge in shipbuilding that we have reported...

Today, I heard a lot of odd things, but one hit me hard because it is what I do. I caught a small part of Dave Ramsey’s show, where he was ignorantly criticizing stock-pickers like me, that we...

It is remarkable how the treasury market reversed the impact of Bernanke's original hawkish comments made back in May. A very similar daily move took place in the "belly" of the curve on Thursday with...

MarketWatch: Last month, China’s exports fell 3.1% from a year earlier, swinging from May’s slim 1% gain and coming in well below a forecast 4% rise submitted by a Reuters survey. It...