Market Overview

As mortgage rates in the U.S. reach highs not seen since early 2012, many are asking the key question: will this impact the housing market or consumer sentiment?So far the only effect we are seeing is...

Yen crosses were taken higher overnight by surging U.S. treasury yields, but pared gains after the BoJ policy rate was left unchanged at 0-0.1%. The target of annual increase in monetary base was also...

“FORECAST”STOCKS: The world economy is weakening: the U.S. payroll tax increase and “sequestration” are pressuring the economy. China is being pressured by Japan, and has...

The Bank of Japan (BOJ) did not intervene in the volatile bond market and kept monetary policy steady at yesterday’s meeting. The decision strengthened the Yen. The USD/JPY is trading at 98.42...

The German Constitutional Court will hold hearings today and tomorrow on the ECB's Outright Market Transaction program announced last year, but yet to be implemented. In fact, documents to explain the...

Regular readers know we here at ValuePlays ignore the weekly BLS numbers when they come out……completely ignore. Why? Well, because they are always materially revised meaning the the...

Bank of Japan policy makers refrained from expanding their tools to address bond-market volatility, sticking with an April plan to double the monetary base as they seek to rekindle inflation and stoke...

After 21 years of uninterrupted economic growth, the risk of Australia’s economy slipping into recession is growing, analysts say.A fall in commodity prices, expectations for an imminent peak in...

Treasuries were little changed, following a six-week decline, before Federal Reserve Bank of St. Louis President James Bullard speaks today as policy makers debate whether to reduce the central...

Germany’s top court probably won’t intervene in the European Central Bank’s plan to buy bonds of crisis-torn countries, in line with previous cases involving the country’s...

Economic data from the eurozone has pointed to a pick-up in France, while Italy’s decline has deepened.Italy’s economy shrank for a seventh successive quarter between January and March,...

French President Francois Hollande has declared an end to the eurozone debt crisis, which has gripped the region for the past four years.“What you need to understand here in Japan is that the...

EUR/USD Today’s support: - 1.3226, 1.3207, 1.3185 and 1.3148(main), where correction is possible. Break would give 1.3118, where correction also may be. Then follows 1.3083. Break of the latter...

Note from dshort: I’ve updated the age cohort chart in this commentary to include the latest data in Friday’s employment report for May. In my periodic update on demographic trends in...