Market Overview

The past year has been a difficult one for the Peoples Bank of China, as they attempt to paper over the rapidly cracking façade that is the yuan. Although capital flight has always been a thorn...

A confluence of factors are raising anxiety levels among investors, and it is being expressed in heightened volatility. The S&P 500 was turned back yesterday from the key 1945 level, and global...

After starting the week with sharp losses, the euro has been shown limited movement. EUR/USD is trading at 1.0990 in Wednesday’s European session. It’s a quiet day on the release front,...

DOW – 188 = 16,431SPX – 24 = 1921NAS – 67 = 450310 Y – .02 = 1.75OIL – 2.09 = 31.30GOLD + 17.10 = 1226.40The G20 is meeting this weekend in Shanghai. The US will call on...

Market BriefHere we go again. Since the beginning of 2016, financial markets have had a tough time choosing sides between bulls and bears, and as you can see the market is in risk-off mode this week....

Oil trade: he said, he saidIn the words of Ron Burgundy, ‘Well that escalated quickly’, the OPEC-Russian ‘accord’ appears to be over before it began. Talk is cheap(ening...

The Japanese yen pulled back from its recent highs in late Asian trading on Wednesday after oil prices attempted to move higher again. Oil futures fell sharply on Tuesday after Saudi Arabia ruled out...

Pound still on the ropesGBP has fallen below the 1.40 level versus the USD for the first time in 7 years overnight as traders and investors continue to express their unhappiness with EU referendum...

The Distributive Trades Survey will show if strong UK retail sales can roll on A rebound is expected in today’s flash US Services PMI for February New January home sales in the US are on track...

Score one for Chinese consistency. Back in December, Chinese officials suddenly announced that they were pulling back the Minxin PMIs of smaller and mid-sized businesses in both manufacturing and...

You do not get paid for knowing yesterday’s news… unless you work as a pundit! In that case you just need to go on TV and repeat what you read that morning in the Wall Street Journal or...

There is a saying on Wall Street that the markets try to deliver the maximum amount of punishment for the most investors possible. They call this phenomenon the “pain trade”.In essence,...

With Tuesday's release of the December S&P/Case-Shiller Home Price we learned that seasonally adjusted home prices for the benchmark 20-city index were up month over month at 0.8%. The seasonally...

The latest Conference Board Consumer Confidence Index was released Tuesday morning based on data collected through February 11. The headline number of 92.2, was a decrease from the January final...