Market Overview

Talking PointsUS labor market continues to improve modestly with jobless claims falling.Lowest claims figure since October 2007.However, drop attributed to two states not reporting figures.= USD/JPY...

Industrial production decreased in July by 1.5% m/m after rising by 0.6% m/m in June. Survey data, however, point to a rebound of output over the coming months. GDP is expected to increase further in...

Machinery orders increased by 4.4%, mainly due to the volatile elements such as orders from electric power companies. Another reason was the surge in government orders, as the JPY10 trillion fiscal...

Sterling saw its value jump yesterday (September 11th) on the back of the surprise news that unemployment has fallen in the UK. According to Andy Scott, premier account manager at foreign currency...

US retail sales are expected to rise 0.4% in tomorrow’s update for August, according to The Capital Spectator's average econometric forecast. That’s up from the previously reported 0.2%...

Market movers today We expect the eurozone industrial production to decline 0.6% m/m from July. Industrial production has been on an upward trajectory during 2013. And, even though we predicted a...

It is not so much about the US dollar today, though the pullback in US Treasury yields may have helped spur the heavier tone against the yen after reaching seven-week highs yesterday. The bigger moves...

• Risk appetite has continued its improving trend since the end of August. 
A combination of an easing in tensions surrounding Syria and firmer data globally has helped to shore up global...

Today’s July report on EU industrial production will drive the economic news for Europe today. Later, US updates on initial jobless claims and the Bloomberg Consumer Comfort Index will draw wide...

U.S. Markets finished near session highs as the S&P 500 saw its seventh consecutive day of gains. Asian markets could not follow through this morning and ended quite mixed on fears of...

EUR/USDEuro continues forming an ascending structure; the target is at 1.3330. After reaching this target, the price may start a descending movement towards the level of 1.3080 and then form a new...

CurrenciesThe euro moved higher against a weaker US dollar. The single currency has found resistance at 1.3323 after bottoming out last week at 1.3100.The US dollar could not maintain the 100 level...

EUR/USD Today’s support: - 1.3268, 1.3235, 1.3207 and 1.3174(main),where correction is possible. Break would give 1.3140, where correction also may be. Then follows 1.3115. Break of the latter...

If you have a job that involves building homes, buying homes, selling homes or that is in any way related to the mortgage industry, you might want to start searching for alternate employment....