Market Overview

Although we have postponed our expectations for a first BoE hike to Q1 17 (see also BoE Review: BoE is not 'Fed light' , 4 February 2016), we are still monitoring the key economic figures closely. We...

We now expect the ECB to cut the deposit rate by 10bp at the March meeting accompanied by a two-tier deposit rate system aimed at limiting the costs to the banking sector. We also expect the ECB to...

Back to ‘bankics’What a difference a rally makes – reading the headlines this morning would make you think the world was fixed. The fact is the US was away for Presidents’ Day...

The euphoria seen on many trading floors yesterday has petered out, but the overriding feeling of ‘not as bad as feared’ is in play.The big theme in Asia today has been the 4.9% move in...

Production to remain strongTuesday mornings in 2016 have largely been spent explaining the vast and volatile moves with which Monday’s markets have started the week; today is no different. Oil...

Aussie is generally higher in Asian session today on easing risk aversion and as RBA signals wait and see on wait cut. Nikkei extends this week's rebound and is trading up 220 pts, or 1.4% at the time...

CurrenciesEUR/USD: The pair has broken its upward trend line on a 4 hour time frame. The next support is near the 1.1083 level and the resistance is 1.1487. USD/JPY: The pair has broken its downward...

Economic Reports Scorecard Relative to expectations, the incoming reports over the last two weeks have run about even, just about as many better than expected as worse. That’s a significant...

Range of the week : 1.3600-1.4200A drop in the value of the U.S. dollar and the downturn on equity markets have become recurring themes since the beginning of February. For a second consecutive week,...

Don't part with your illusions. When they are gone, you may still exist, but you have ceased to live.Mark TwainThe “devalue or die” currency wars are picking up steam; Japan’s...

Over the weekend, the following happened: China’s exports and imports fell by 11.2% and 18.8%, respectively, numbers which, for a trading power, are nothing short of apocalyptic. Japan’s...

Stocks officially entered a bear market last week, at least as measured by the MSCI World index. But then that isn’t exactly news in a lot of places on the globe with various markets around the...

Summary: The mining and manufacturing sectors of the US economy have rolled over. Perma-bear websites publish lurid descriptions of the horrific effect this will have on the US economy. What’s...

Whether you are Warren Buffet, Carl Icahn or Bill Ackman cutting losses is the hardest thing to do in Financial Markets these days.Below you find the video