Market Overview

It looks like the U.S. economy is already in a recession, according to these indicators.The Institute of Supply Management’s Manufacturing Purchasing Managers’ Index (PMI) has been below...

Cable finds some support after Johnson-shockAfter some vicious selling at the beginning of the week, the pound found some support just below 1.40 versus the US dollar. True the pair dipped to as low...

US stocks closed much higher on Thursday on rebounding oil prices that relieved concerns over the possible banks’ debt defaults. S&P 500 index closed 1.13% higher at 1,951.7, with all its...

The US S&P 500 closed above 1950 for the first time since January 6. Global equity markets are broadly higher in response. At the same time, ahead of the G20 meeting, the world's second and...

CurrenciesEUR/USD: The pair fell from OUR identified resistance zone (given on the 15th February) on a 4 hour time frame. The next support is near the 1.08832 level and the resistance is...

EUR/USDCurrent level - 1.1037 The intraday outlook is still positive, with a crucial low at 1.0980. Next major resistance is projected at...

A pause is welcomeAs we head into the weekend there are a fair few markets that look ready for a two day break. Sterling is probably the obvious one, following one of the most volatile weeks since the...

The concept of moral economy was first used by 18th-century thinkers trying to make sense of the rising capitalist values. In feudal society, a "fair price" was preferred over a free price especially...

Asian markets closed on a higher note on the final trading session of the week despite the fact that the economic data – the BOJ CPI came short of expectation. The reading of 1.1% was below the...

If I offered to pay you a crisp $1 bill for the 90 cents you have jingling in your pocket… well, you’d probably think I was either crazy or a scamster. Or maybe both.But if, after...

The main event for today will be a G20 summit held in Shanghai, where leaders will gather to discuss means to support the sluggish global economy. The Organization for Economic Cooperation and...

RecessionAlert has recently launched an alternative to ECRI's Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these...

The times they are a changin’. In the ’80s as well as the ’90s, corporations reported quarterly results that corresponded to generally accepted accounting principles (GAAP). These...

Overnight the Shanghai Composite dropped by -6.41% and the Shenzhen Composite was down by -7.34%. Despite everything, the past few weeks after the Lunar New Year saw the implementation of news...