Market Overview

The pound is a better bid following the 0.7% expansion in UK manufacturing production during the month of January. Having triumphed against the 1.42 offers against the US dollar, the pound is now...

All this is to suggest that those expecting a major weakening in the USD to push oil higher shouldn't hold their breath awaiting this outcome.That oil fell off a cliff once the U.S. dollar (USD) began...

Asian markets are trading generally lower as dragged down by Chinese stocks. The China SSE (LON:SSE) composite is losing -2.9% or -84pts at the time of writing. It's noted that investors were...

US mortgage applications is the only key data release today.Markets are in wait-and-see mode ahead of the all-important ECB meeting tomorrow with the rate decision at 13:45 CET and the press...

Consolidation and reflection seems to be the name of the game after a strong run in commodities and equities as credit spreads continue to tighten. However, the clear concern from clients and traders...

Just days after Alan Greenspan stated “we’re in trouble” and pointed to productivity in his discussion with Tom Keene at Bloomberg, the Bureau of Labor Statistics reported nonfarm...

Euro declined, as the next meeting of the European Central Bank is approaching this Thursday. Markets have already priced in a further loosening of the monetary policy, with the deposit rate expected...

Major markets temporarily halted their runaway tear overnight. I say temporarily because for all the headlines that have been written today, all I see is price hitting a major resistance level and...

Asian markets are getting battered and following the footsteps of the US trading session. The optimism which lifted the mining stock, especially iron ore and oil has faded and investors have decided...

The UK is in the spotlight with today’s economic calendar, starting with the government’s monthly update on industrial production. Later, the National Institute of Economic and Social...

We just got more evidence that global trade is absolutely imploding. Chinese exports dropped 25.4 percent during the month of February compared to a year ago, and Chinese imports fell 13.8 percent...

Although he could well be the least bad of the choices currently being offered to US voters (mainly because he would be less inclined towards “regime change” and bombing foreigners than...

With another much-anticipated ECB meeting on deck for Thursday and with reflationary asset trends appearing at a prospective retracement pivot, I thought I would share an alternative comparative that...

Forward-looking indicators for the global economy fell sharply for the month of February. The JPMorgan Global Manufacturing PMI (in blue) is now resting at 50, which is the key threshold separating...