Market Overview

The Dollar plunged against the euro, Japanese Yen and other currencies as investors reduced bets on the greenback on concerns applying to Friday’s U.S. jobs report. The EUR/USD traded at 1.3262....

The average American Joe isn’t participating in the U.S. housing market. As a matter of fact, according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, investors purchased...

In an internal report released this week on its involvement in Greece in the past few years, the International Monetary Fund takes on the European authorities much more bluntly than usual. Greece came...

Scandinavia’s mortgage model is adding risk to the region’s economies as too few homeowners pay down their debt, Moody’s Investors Service said.While interest-only mortgages in...

Friday was dominated by the aftertaste of the Japanese performance in the overnight markets. The general nervousness surrounding all the risk markets after the heavy sell-offs in stock markets, and...

As Japan’s Nikkei 225 entered bear market territory on Friday, investors are beginning to fear that they may have been overly optimistic about an economic revival in the world’s third...

China’s central bank set the strongest yuan reference rate on record before Chinese President Xi Jinping and U.S. counterpart Barack Obama meet for talks in California later today.The...

China’s new leaders have adopted a greater tolerance for a slowdown in the economy than their predecessors and are likely to allow quarterly growth to slip as far as 7 percent before triggering...

Asian Stocks closed lower on Friday on investor concern regarding Friday's U.S non-farm payroll data. The Shanghai index was the worst performing index during the session, dropping nearly -1.39%....

In my latest Hurriyet Daily News (HDN) column, I go over the economic consequences of the Turkish protests. You can read the whole thing at the HDN website, but basically it all boils down to whether...

CurrenciesEUR/USD- the pair traded in a major resistance zone on a 4 hour time frame. The price traded above the 50 and 100 day moving averages.USD/JPY- the price has bounced from a major support on a...

The US reports the monthly employment data today, but there are greater forces at work and it is not clear that the employment data will arrest those forces that have injected volatility into the...

Note from dshort: With yesterday's release of the Fed Flow of Funds for Q1 2013, I have updated this commentary to incorporate the latest data. Let's take a long-term view of household net worth from...