Market Overview

A little over six months ago the owners of the Baha Mar, a $3.5 billion Bahamian resort, filed for bankruptcy. Shoddy construction from the China State Construction Company (HK:3311) led to delays...

AUD/JPYToday’s support: - 80.17, 79.72 and 79.63(main), where correction is possible. Break would give 79.48, where correction also may be. Then follows 79.20. Break of the latter would result...

What is the issue? The UK has long had a strained relationship with the EU and has never been comfortable with the ever increasing drive for greater integration and harmonization of rules and...

Australian dollar remains steady after RBA left the cash rate unchanged at 2.00% as widely expected. The central bank provided nothing new in the accompanying statement. It noted that "Over the period...

The Chicago Business Barometer fell sharply again in February, almost exactly as it had risen sharply in January. In fact, for the past year that has been the dominant pattern of sharp alternating...

At first economists wanted to just ignore oil prices, as they were to be “transitory” or even beneficial to consumers everywhere around the world. The fact that economists would actually...

The early gains in U.S. equities dissipated as quickly as they occurred, with stocks closing at their lows, as another tumble in China and disappointing reads on the economic front overshadowed...

Tuesday’s a busy day for economic news, including the monthly update on Germany’s unemployment rate. We’ll also see new jobless numbers for the Eurozone and the first look at the US...

After yesterday’s relatively slow news day we get a huge data dump today during Asia. With both Chinese and Australian news on the cards, we’re capped off by the RBA cash rate decision...

Intra-Day Market Moving News and Views (USD/JPY) 01 Mar 2016 01:15GMTUSD/JPY - .....Earlier Japanese Finance Minister Taro Aso said he is not considering to compile additional fiscal spending to prop...

Housing Data Comes In Below ExpectationsThe economy continues to produce mixed signals for investors; some data looks good and some not so good. Falling under the “not-so-good” category is...

China’s central bank stepped up efforts to cushion its economic slowdown amid plunging stock prices and a weakening currency, cutting the amount of cash the nation’s lenders must lock...

What is the issue? The UK has long had a strained relationship with the EU and has never been comfortable with the ever increasing drive for greater integration and harmonization of rules and...

Contracts to purchase previously owned homes unexpectedly dropped in January by the most in two years, representing a setback in residential real estate leading up to the spring selling season.The...