Market Overview

There has been much anticipation of the release of June's employment situation report by the Bureau of Labor Statistics, due to the recent market volatility - especially after Fed chairman Ben...

Mark Carney's presence at the Bank of England was felt immediately. Although the MPC did not change policy, it did issue a statement that markets reacted to it by taking sterling sharply lower,...

Private nonfarm payrolls are expected to increase by 162,000 in tomorrow's June update from the Labor Department, according to The Capital Spectator's average econometric point forecast. The projected...

The ECB rate decision (13:45 CET) and the subsequent press conference (14:30 CET) are the highlights for today. Policy rates are widely expected to stay on hold, but ECB President Draghi may intervene...

Both the dollar and the euro weakened yesterday. The euro is being undermined by political tensions in Portugal, where the government is struggling to survive after two ministers resigned. But...

The 4th of July celebrations in US mean markets are closed and an important ECB coming up later. The overnight session was slow with stocks mixed.While the USD got stronger after strong US employment...

Today’s monthly report on the Halifax House Price Index will probably deliver more good news for Britain’s economic outlook. Later, the European Central Bank and the Bank of England are...

EUR/USD Today’s support: - 1.2980 and 1.2957(main), where correction is possible. Break would give 1.2938, where correction also may be. Then follows 1.2912. Break of the latter would result in...

In this Briefing: The Middle East: Chaos and the risks of contagion to oil-producing states remain most important systemic geopolitical risk Iran: Nuclear issue on the back burner…for now ...

On Thursday, a state of calm controlled trading of major currencies. It is like this because markets are waiting decisions of Central Banks in Europe and UK with regard to monetary policy amid...

Global service PMIs were released overnight with weakness in China and the eurozone weighing on markets around the world. A slower pace of expansion in China's service sector increased fears of a...

Private-sector payrolls increased by a net 188,000 last month, according to the June update of the ADP Employment Report. That’s a decent improvement over May’s tepid 134,000 advance....

The single currency could get back to be traded around 1.30 psychological level by the ECB interest rate decision today and the press conference of its president Draghi which always follow it...

The Bank of England's policy meeting in July will be Mark Carney's first since he has sworn in as the governor of the central bank. Although his predecessor, Mervyn King, was in favor of an increase...