Market Overview

The FTSE 100 was down 15 points in early trading this morning alongside most European stock markets as investors took in the results from the German election over the weekend with victory for Angela...

The manufacturing sector in China is picking up speed, according to the latest Purchasing Managers' Index (PMI) revealed by HSBC. It was announced by the bank that the industry rose to 51.2 in...

The euro got a boost over the weekend after German chancellor Angela Merkel won the country's latest elections. It increased to 1.3542 against the dollar yesterday (September 22nd), up from 1.3527 on...

While September 2013 is shaping up to be a month to remember, none of us will ever forget September 2008. How could we? In a single month’s time, the entire financial world imploded…...

Quite a lot of today’s market activity will be focused on digesting the implications of yesterday’s parliamentary elections in Germany. As my Saxo colleague Juhani Huopainen observed on...

Given the developments, the price action in the capital markets has been limited. The dollar is little changed, with a softer bias. Global equity markets are generally flat, with the MSCI Asia Pacific...

According to the preliminary data of the electoral committee of Germany, the chancellor of the country, Angela Merkel and her Christian Democratic Party, received the majority in the parliament yet...

Currencies The euro (EUR) climbed to a seven month high at 1.3568 against the US dollar (USD), after the FOMC statement last week. The pair now consolidates above its new support at 1.3500 and it...

Asian markets had a mixed day. Investors received better than expected PMI data out of China. Still volumes were very thin as the Japanese financial markets we closed for a public holiday. Today China...

Markets are rather steady as the week starts. The euro remains firm in tight range against the greenback after German Chancellor Merkel's victory in election. But, some weakness is seen in the...

Signals are automatically generated by integrating electronic weekly statistics with proprietary algorithms. GOLD WEEKLY MOVING AVERAGES The December gold futures contract closed at 1326 . The market...

EUR/USD Today’s support: - 1.3500 and 1.3478(main),where correction is possible. Break would give 1.3466, where correction also may be. Then follows 1.3449. Break of the latter would result in...

EURUSD – Intraday Price Action Suggests Continuation After launching higher post FOMC shocker, the Euro has held up solidly forming a bullish flag pattern. Intraday charts are suggesting the...

Once upon a time there was a strong correlation. Then it broke: Of course, we know that correlation is not and does not imply causation. But, I think there was an underlying causation to the...