Market Overview

Futures Higher On Central BanksU.S. equity futures rose slightly in early pre-market trade following the FOMC saying that it is prepared to increase or decrease asset purchases depending on the state...

My monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations on investment returns. In a "normal" market...

Bull and bear markets don’t just happen – they’re created by the Federal Reserve. While few investors dispute the power that Fed interest rate policy has on the market, the extent to...

Yesterday, more soft data out of the US disappointed investors, and the markets finally get a chance to react to the weak Chinese PMI data as the Chinese markets reopened.The Fed concluded its two day...

Market participants focus on ECB rate decision with uncertainty abounding to whether the central bank will fulfill demands for a rate cutNotes/ObservationsAs expected, the FOMC left its interest rates...

Miss in China HSBC final manuf PMI, weak Australia building permits tip OIS probabilities in favor of RBA cutEconomic Data(CN) CHINA APR HSBC FINAL MANUFACTURING PMI: 50.4 V 50.5E(AU) AUSTRALIA MAR...

The focus is squarely on today's ECB meeting. The euro, Swiss franc and sterling are consolidating the gains that have carried them to multi-week highs against the dollar. Expectations are running...

After disappointing ISM survey results on Thursday, the Fed maintained its key interest rate unchanged as forecast, but, more significantly, reiterated its commitment to purchase $85 billion per month...

Updates on manufacturing PMIs for France, Germany and the Eurozone are scheduled for release, just ahead of the European Central Bank’s monetary policy announcement. Later, the weekly jobless...

Being a columnist is tough. You write a column that you are really proud of. Then, you find out that you messed up!:( I actually wouldn’t say I messed up my latest Hurriyet Daily News column,...

WHENRate decision: Thursday 2 May 2013, 12.45pm (BST) Press conference: Thursday 2 May 2013, 13.30pm (BST) CONSENSUS EXPECTATIONS Forecast: Where will the ECB interest rate be after its policy...

The short answer is that it will do nothing today. But that hasn’t deterred pundits from speculating. What we know is that the FOMC, as a policy-making body, has been fairly clear that its main...

The ECB did not surprise markets this week. As widely expected, the Bank cut the refi rate by 25bp, leaving the interest rate on deposit facility at 0%. Yet, the ECB left the door open for further...

Growing doubts over the health of global economies pushed Asian stocks lower on Thursday, after disappointing U.S. economic data pushed Wall Street down. Dow Jones industrial fell 0.92%, adding to...