Market Overview

Another first Friday of the month has come and gone and, with it, new non-farm payroll and employment data. In case you missed it, 175,000 jobs were added, a tick above expectations, and the...

Note from dshort: I've updated the quiz based on yesterday's Q4 Flow of Funds release. Hint: The correct answer is the same as it was for the last quiz, just more incredible.Pop Quiz! Without recourse...

Anyone looking for clues as to what’s coming our way in the markets need only look to Japan where the QE-forever policy has finally hit the wall.QE And GDPPrior to the Prime Minister elections...

If May is a tipping point that leads to nasty things for the business cycle, it’s not obvious in today’s payrolls report from the Labor Department. Although quite a lot of ink has been...

Note from dshort: I've updated this commentary to include the latest labor force data in Friday's release of the May employment reportEvery Thursday I post an update on weekly unemployment claims...

Total nonfarm payroll employment increased by 175 thousand in May, and the unemployment rate was essentially unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment...

Here is the lead paragraph from the Employment Situation Summary released this morning by the Bureau of Labor Statistics, with the bold bracketed text added by me: Total nonfarm payroll employment...

The euro area housing market is extremely diverse; in terms of housing markets,it comes across as independent economies rather than a single market.At the one end, the German housing market is warming...

Market movers todayThe main market mover on Friday was the labour market report in the U.S.. We have scaled down our forecast for non-farm payrolls from 190k to 180k, given the drop in the employment...

Market Drivers June 07, 2013AUD/USD remains on back foot in AsiaUSD/JPY seesaw with Nikkei ahead of NFPNikkei -0.21% Europe 0.37%Oil $95/bblGold $1410/oz.Europe And AsiaAUD AiG Performance of...

How can consumer spending in the U.S. economy rise under these circumstances? In the first quarter of 2013, hourly compensation of Americans employed in non-farm businesses fell 3.8%. This was the...

It is remarkable just how much faith the markets are placing in the eurozone's stability these days. This is especially surprising given that less than a year ago we were staring at the collapsing...

The euro jumped more than six percent following the European Central Bank meeting on Thursday, where President Mario Draghi assured investors that he and his colleagues saw growth in the second part...

EUR/USD Today’s support: - 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 would result in...