Market Overview

When I remark, from time to time, that I think the Fed has made a mistake in increasing transparency of its deliberations and actions, people occasionally look at me as if I had come out opposed to...

On an otherwise slow, low volume day the equity markets continue to grind higher (fifth straight up day for S&P). The Nasdaq is trading at levels last seen during the summer of 2000 (and before...

It’s tough to make predictions. Especially about the future.The quote above is alternatively attributed to the physicist Neils Bohr and to the New York Yankee catcher Yogi Berra. But it is...

China data dump continues on Tuesday as it reports August IP and retail sales.On Monday, China reported August CPI, which came in as expected at 2.6% y/y. Over the next week, China will report new...

Japan’s economy expanded at a much faster pace than initially estimated in the three months through June, the government said Monday, suggesting the environment necessary for a sales tax hike is...

Understanding QEQuantitative Easing (QE) involves pumping freshly printed electronic dollars into the hands of the Fed’s primary dealers in exchange for bonds. A bond is removed from the economy...

The latest IMM data covers the week from 28 August to 3 September. Leading up to the ECB meeting on Thursday, speculators wiped out long EUR positions according to IMM data and probably continued to...

Both Swedish and Norwegian inflation data are expected to show that inflation has bottomed out. Especially, Norwegian core inflation could be interesting ahead of the Norges Bank meeting on September...

The Chinese exports market grew at a faster rate than had been initially anticipated by analysts during August, according to the release of new data. Figures from the Asian nation showed shipments...

UK chancellor of the exchequer George Osborne will say in a speech later today (September 9th) that the country's economy is turning a corner. The Office for National Statistics recently revealed...

The Japanese economy is growing at a stronger rate than previously estimated, according to the release of new figures. It was announced that the economy expanded 0.9 per cent during the second quarter...

GDP growth was upward revised to 0.9% q/q (from 0.6%) due to increased capital spending. These data correspond better with surveys and business conditions indicators. The effects of Abenomics are...

President Draghi’s very accommodative speechHigh yield spreads between Germany and the USFalling euroSince May, and the Federal Reserve’s hints about a possible change in monetary policy,...