Market Overview

Questions are raised over keeping the sick patient on steroids European markets are trading lower as the questions have been asked if Federal reserve was correct in keeping the sick patient on steroid...

Empire State Realty Trust – the owners of the Empire State Building – has announced plans to sell shares in the company. It was revealed in paperwork filed with regulators that the firm...

India has announced a change to interest rates in a move designed to support the economy. The Reserve Bank of India (RBI) revealed that rates will be increased by a quarter of a percentage point as...

he euro remained above $1.35 ahead of the weekend after its spike following the announcement that the US Federal Reserve wasn't going to start tapering its stimulus spending just yet. The common...

Markets stabilized from the post FOMC volatility and engaged in range today so far. European indices opened mildly lower, but loss is very limited. Dollar is a touch higher against European majors,...

The Fed failed to announce a Taper yesterday of any kind.It is positively outrageous, but it does inform us of many things.First and foremost, the Fed has made it clear that it cannot be hawkish is...

Currencies The euro (EUR) is looking at maintaining its support above 1.3500 after the single currency gained more than 200 pips after the Fed statement on Wednesday. The US dollar (USD) has managed...

There are only minor data releases today, with the European consumer confidence for September being the sole one of note. I therefore include some brief thoughts on two timely issues: the Federal...

I recently came upon the newly revised statement of beliefs by CalPERS. Many of these beliefs form the basis for a sound investment policy, not just for the pension fund giant, but for anyone else....

The Fed has lost control of the markets and Wall Street economists, media analysts and most blog writers suffer from tragic and terminal mental disabilities. First off, I'd like to say that I'm really...

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...

1) The near-term outlook for EM has brightened a bit with the Fed’s about face on tapering 2) The BOK is thought to have intervened by BUYING USD at the 1080 level and below 3) New positive...

I wrote recently about money velocity and reminded readers that theory says higher interest rates tend to increase money velocity because it decreases the demand for real cash balances. This was...

Equity markets trickled downward Thursday after yesterday’s big rally following the FOMC minutes. This sell-off came despite strong economic data. Tomorrow a series of Federal Reserve members...