Market Overview

Gold prices are slightly higher on Tuesday, following sharp losses a day earlier. In the North American session, the base metal is trading at $1212.69 an ounce in the North American session. In...

As the prices for nickel and oil plunged in 2015, so did Sherritt International’s prospects of emerging on the other side of the commodity oversupply abyss. Sherritt’s main businesses are...

The first two trading days of this week have been marked by the return of some positive risk appetite. While one can cite many factors for this – bargain-hunting, positive US economic statistics...

New York Forex Report: After a solid rebound higher yesterday, oil prices have turned sharply lower over the early European session today, driven by reports that the Saudi Arabian Oil Minister is...

Yesterday, it was European Central Bank President Mario Draghi’s turn to be grilled as he appeared before the EU Parliament. Much like Janet Yellen last week, Mr. Draghi said that he was...

Let’s take a look at the German shares index (FDAX) first. Since yesterday was a holiday (which could also observed in the DAX), there was not so much movement. In the big picture we have...

UK CPI inflation increased to 0.3% y/y in January 2016 from 0.2% y/y in December 2015 (Danske Bank: 0.4% y/y, consensus: 0.3% y/y) . Core inflation declined to 1.2% in January from 1.4% y/y in...

US markets were closed for a President’s Day holiday on Monday but stock futures were rising as global stocks recovered. The dollar strengthened against most other currencies, live dollar index...

Theory into practiseNegative interest rates were once confined to the models and thought experiments of economic academics.But in recent times this most unconventional of monetary policy tools has...

If the Atlanta Fed’s GDP nowcast for US economic activity in the first quarter is accurate, the macro trend is accelerating in the new year after a weak Q4. If the GDPNow model’s...

Emerging Market FX: China Growth Data DisappointsChina Growth Data Disappoints – The first installment of China growth data for 2016 underwhelms markets as export/import data declines outweighed...

• Oil prices jump on surprise Saudi-Russian meeting Oil prices rose during the Asian session, on news that the energy ministers of Saudi Arabia and Russia are scheduled to meet in Qatar today to...

WTI and Brent initially bounced 5% in the run up to the OPEC meeting and just as quickly pared said gains as the Saudi Oil Minister said that they agreed to freeze the output at January levels. The...

Bank of England rate hike off the table for 2016Brexit concerns likely to continue to weigh on GBP in H1 We close our long GBP/USD position and stand aside for now To read the entire report Please...