Market Overview

On Monday, the Nigerian naira (NGN) was the best-performing currency among the 20 global currencies we track, while the US dollar showed the weakest results. The Australian dollar (AUD) was the leader...

With regard to US economic indicators, very little has happened over the past three months. Coincident data have become weaker but not dramatically so, while there have been no significant changes in...

Correlation is not causation, however, when you have such strong correlations in the market, you must take note of them. That is the case with the US treasury markets and the USD/CNH. Although the...

Valuations have driven all the S&P 500 stock market returns this year. Now the focus is on recovering earnings to drive the next leg of the bull market. These are being driven up by tech...

Post-BOJ Initial reaction – yen jumped, the dollar fell, gold rallied, and equities rose. Some of these moves have started to reverse Japan’s Overnight Swap Indexes have an implied rate of...

In the short-run, energy stocks are outperforming the S&P 500.The Strategic Petroleum Reserve (SPR) is at its lowest point since 1983, at 347 million barrels. Established in 1975 from the fallout...

Market Overview: S&P 500 Emini FuturesThe weekly chart formed an S&P 500 Futures Bear Inside Bar which means the market is in breakout mode. The bears want a breakout below while the bulls...

Global markets have enjoyed a strong rebound this year following 2022’s rout, but recent turbulence suggests that previous highs reached will remain elusive for the near term.The good news for...

On Friday, the Russian rouble (RUB) was the best-performing currency among the 20 global currencies we track, while the Nigerian naira (NGN) showed the weakest results. The Canadian dollar (CAD) was...

USThis week is all about the US CPI report and retail sales data. If the US demand for goods didn’t weaken that much and if inflation heated up, rate hike expectations for the November meeting...

Investors in Europe and the US are preparing for a volatile week as the economic docket is full of fireworks. Since last week, concerns about the Fed’s interest rate cycle have begun to surface...

With inflation fading, the US Federal Reserve continues the fight against… inflation!The question is ‘why?’ Why do Jerome Powell and the Federal Reserve continue to tilt against the...

Since the beginning of the year, economic data has continued to defy the recession calls of 2022. Therefore, it is unsurprising that economic data surprised analysts’ more dire predictions last...

On Thursday, the Japanese yen (JPY) was the best-performing currency among the 20 global currencies we track, while the Nigerian naira (NGN) showed the weakest results. The South African rand (ZAR)...