Market Overview

The final (until revised later) estimate of first-quarter GDP matched economists expectations. It was the 'How' that surprised. Real GDP Real Gross Domestic Product (GDP) increased at an annual rate...

The Canadian dollar rose 0.20 percent on Thursday awaiting the outcome from the trade meeting between US President Trump and his Chinese counterpart Xi Jinping.The US Dollar is mixed against major...

We're not expecting any breakthroughs at the G20 summit between Donald Trump and his Chinese counterpart Xi Jinping. ING's James Knightley says things could then go in one of two directionsNo deal...

While the so-called yield curve remains partially inverted, some portions of the curve are getting steeper at an alarming pace. “A far more immediate and present danger of recession occurs when...

According to the BLS, inflation in the category of "New Vehicles" has been practically non-existent the past 21 years.Longtime readers know I've long turned a skeptical gaze at official calculations...

Market movers today In the euro area, we get a first hint of where inflation is headed in June with the German and Spanish HICP figures out already today. It will be interesting to see if they point...

U.S. futures, European shares mixed on wavering expectations for U.S.-China trade truce Yields, dollar slide in correction mode Bitcoin snaps 50% rally Gold drops Key EventsEuropean shares and...

Overview: The approaching month/quarter-end and the G20 meeting dominate considerations. Although the S&P 500 closed on its lows for the third consecutive session yesterday, Asia Pacific equities...

China's industrial profit growth turned positive in May. But this was mainly due to fiscal stimulus in the form of higher infrastructure spending. We maintain our view that industrial profits, in...

The US dollar continued to maintain steady gains, rising for the third consecutive day. President Trump and China’s Xi are expected to meet during the G20 meeting in Osaka, Japan over the...

The USD strengthened against the JPY during today’s Asian session, while at the same time maintained its strength against other counterparts. The greenback seems to have been pushed by hopes for...

Treasury Secretary Steve Mnuchin ‘We were about 90% of the way’ on China trade deal and there’s a ‘path to complete this’ While President Trump wars of a “Plan...

China Fix While we expect the brain-twisting onslaught of headlines to unfold at any minute, I still think the G-20 meeting will be a formality at best. And although Mnuchin suggested we are 90% there...