Market Overview

Despite monstrous looming economic hurdles, equity markets pushed higher. Last Wednesday, the Federal Reserve is expected to announce reduction of its $85 billion bond buying program, confrontation...

This week was always going to be a tricky one for both traders and investors, with the market’s primary focus being the FOMC meeting on Wednesday -- the meeting at which the FED is likely to...

Note from dshort: This commentary has been revised to include the today's Industrial Production for August. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee,...

Industrial production posted a handsome rebound in August after July's essentially flat performance, the Federal Reserve reports. The 0.4% increase for last month is slightly better than The Capital...

In our last FX Update on USDMXN, we had detailed several reasons as to why the Mexican peso is one of our favourite emerging market currencies on the long-run time horizon. Since our last update, the...

Turkey central bank meets Tuesday and is expected to keep rates steady. With the lira stabilizing, the central bank has loosened up liquidity conditions by lowering the average cost of funds for banks...

The latest IMM data covers the week from 4 September to 10 September. The week to 10 September saw another cutback in EUR longs as investors turned to USD, GBP, and a range of the commodity...

New research from Danske Bank Markets The main event in the Scandi market this week will be the Norges Bank meeting. Given the recent rise in inflation and weakening of the NOK focus is on changes to...

The United Kingdom has the 6th largest GDP in the world, but it is no hidden secret that the UK economy greatly suffered during the financial crisis. Many were astounded when the UK came dramatically...

News that Lawrence Summers withdrew from what turned into a bit of a contest to replace Bernanke as Chairman of the Federal Reserve has sparked a risk-on rally. Without a cash market, due to the Tokyo...

Summers’ lease hath all too short a date:Larry Summers withdrew his candidacy for Fed Chairman over the weekend, making it more likely that Fed Vice Chair Janet Yellen will be appointed. She is...

Asian markets moved lower on thin volume after a midafternoon rally. Investor attention is now on the Federal Reserve meeting scheduled for tomorrow.Former Treasury Secretary Summers has bowed out of...

The dollar gaps lower as the week starts on news that former Treasury Secretary Summers withdrew from the race to be the next Fed chairman. In addition, risk sentiments are boosted by news that...

Different themes took turns to drive the markets last week. Receding risk of strike against Syria and optimism on China's economy drove equities up and took commodity currencies higher. The Kiwi was...