Market Overview

US retail sales rose a moderate 0.2% in January, the Census Bureau reports. The gain offers another clue for thinking that the stock market’s plunge this year may be a false warning about the...

Here's Why, And It's Pretty Obvious1. Three-day holiday weekend. Heck, it is hard enough holding positions overnight, much less a weekend. But throw in President's Day and you have a lot of additional...

Market Movers Financial markets' turmoil continued to dominate price actions this week and investors are likely to look for policy responses to stabilise markets. In the US , minutes from the FOMC...

ES has just put a Sornette melt-up set-up on the chart. ES would usually put in a double bobble here as part if its breakout. If the set-up is going to fail, it would usually fail in the second...

ES is at its Blue Megaphone VWAP – It Can Break Out Through It for the Megaphone Top, or Turn Down for Another Tag of the Bottom ES climbed overnight to its blue megaphone VWAP. The blue...

In response to the global crisis, central banks have adopted unorthodox policies. They expanded their balance sheets and broken the zero bound of interest rates. Many investors have been critical of...

Retail sales increased for a third straight month in January as Americans kicked off 2016 by spending freely on cars, clothing and online merchandise.The 0.2 percent gain matched the previous...

The world is not yet facing a systemic crisis but risks are rising.There is an element of central bank fatigue and there could be a hit to global growth from the current turmoil. We expect the ECB to...

US stocks fell on Thursday due to the weak performance of the banking sector which may postpone the rates hike. The US dollar index which measures the greenback’s value against a basket of six...

Yellen’s testimony yesterday to the Senate Committee was more of the same. She reiterated that USD strength was a signal of economic strength and that weak oil had mostly been negative but would...

The battle between macro and markets rages on. Yesterday’s update of the ADS Index—a US business-cycle metric published by the Philadelphia Fed—remained comfortably in growth...

After another difficult Asian session that saw the Nikkei fall 4.8% (12.3% on the week), the capital markets again have stabilized in Europe. Equity markets are mostly higher, with the Dow Jones...

• RBA Governor plays down financial market turmoil RBA Governor Glenn Stevens stated in his testimony to the parliament that financial markets have now chosen to focus more strongly on issues...

The world is not yet facing a systemic crisis but risks are rising. There are mitigating factors compared with previous systemic crises but there are also concerns about declining market liquidity,...