Market Overview

The International Monetary Fund may this week trim its global growth forecast because of the situation in emerging countries, IMF chief Christine Lagarde told a conference on Sunday.“We had a...

Japan and the U.S. – Contradictory Reactions to QEThe reactions of the U.S. and Japanese bond markets to announcements about quantitative easing (QE) were inconsistent, to say the least. In...

Progressives should love a carbon tax. Most progressives love the environment and believe that carbon emissions cause environmental harm. Unlike conservatives, whose attitudes toward carbon taxes were...

STRATEGY: The S&P 500 remains above the 160-wma long-term support level at 1333. The standard 200-dma support level is at 1511. Perhaps more importantly, the distance above the 160-wma has has now...

EUR/USD Today’s support: - 1.2782(main), where correction is possible. Break would give 1.2757, where correction also may be. Then follows 1.2733. Break of the latter would result in 1.2711. If...

GFIA has put out a report about the Asian boutique universe that cites noted alpha authority Leo Tolstoy.Before we get to that, let us remind our own global readers that GFIA Research Insights is...

In Portugal, months of latent political tensions finally broke out into a crisis. Over a 2-day period, first Vitor Gaspar, the Finance Minister, and then Paulo Portas, the Foreign Affairs Minister and...

The string of data was definitely positive this week. Thanks to Fed officials renewed pedagogy efforts, yields stabilised, but the June labour market report was too positive not to trigger rising...

I underestimated the degree of follow through on Friday. Even the USD/JPY managed to edge higher. Well, Dollar strength is the underlying influence and I can’t see that changing for a while yet....

There are five main characteristics of the global investment climate right now: 1) the Federal Reserve has begun a protracted exit from the extraordinary monetary policy; while 2) other major central...

The much anticipated June payroll figures have been excellent, with a gain of 195,000 jobs in June and a revision of April and May jobs to 199,000 and 196,000 respectively. Suddenly, the US employment...

The June labour market report is a broadly positive one, with private non-farm payrolls up by more than 200,000 for the second month in a row. As labour market conditions improved, previously...

Manufacturing orders decreased 1.3% m/m in May after already contracting 2.2% the previous month. Figures for manufacturing orders are nonetheless volatile and they have probably been impacted by the...