Market Overview

ISM manufacturing has stabilised although at a weak level. This was still positive as some of the regional indices (Empire and Dallas) pointed towards a sharp decline. Also Markit PMI manufacturing...

Last week’s surge in equities on the BoJ negative rate decision was confounding but is essentially old news this week. It would seem that central bank impact is really beginning to lose its...

The expected risk premium for the Global Market Index (GMI) remained subdued in January. GMI — an unmanaged, market-value weighted mix of the major asset classes — is projected to earn an...

The decline in oil and equities are lifting European bonds and Treasuries. The US dollar is firmer against most major and emerging market currencies.We never put much stock in last week's seemingly...

Market BriefAmericans preferred to increase saving in December as personal income rose more than expected (0.3%m/m verse 0.2% consensus), while personal spending stayed flat (0.1%m/m median forecast),...

• RBA on hold, but leaves door open The RBA remained on hold overnight as was widely expected, but signalled that continued low inflation may provide scope for further easing, should that be...

Kathy Lien’s Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves has become something of a classic. In this third edition (Wiley,...

CurrenciesEUR/USD: This pair has formed a downward wedge pattern on a 4 hour time frame. The next support is near the 1.0706 level and the resistance is 1.1082. USD/JPY: The pair has eased off from...

Aussies hold but are watching jobsOvernight the Reserve Bank of Australia has kept rates at 2.00% as was widely expected. Data from the Australian economy has been strong in the previous quarter and a...

Aussie is steady in tight range after RBA kept interest rate unchanged at 2.00% and published a rather balance statement. The central noted that "there were reasonable prospects for continued growth...

This week the Bank of England will announce it latest Official Bank Rate decision. In what has become known as Super Thursday, the Bank of England will deluge investors with a wealth of data.The...

Europe’s labour market is in focus today with unemployment updates scheduled for Germany and the eurozone. Later, US auto sales for January will provide a hard-data review of consumer spending...

January of 2016 turned out to be a sorry starting month for the major indexes as the Dow Jones Industrial Average lost 5.50%, the S&P 500 fell 5.86%, and the NASDAQ dropped 8.61%.When 2015...

A significant issue facing investors is determining whether the world is entering into a global recession. Certainly, economic activity in emerging markets has been challenged due in part to the...