Market Overview

The Fed has recently released the hypothetical scenarios for its 2023 supervisory stress test. This test is conducted annually to show how the banks are likely to perform in a recessionary...

Wall Street bounced back overnight on the initial jobless claims numbers but it wasn’t enough to stave off USD buying as the risk complex remains on edge. The USD held on to its recent gains...

DXY to the moon, ending global reflation:   AUD trapdoor opens:Oil is forming a bearish descending triangle. A break here would be an unambiguous global recession signal:Dirt reversed:Big miners...

Wall Street stumbled again overnight following the big selloff in the previous session with European shares also heading lower with falls across the risk complex in reaction to the hawkish mood in the...

The economic rebound in the second half of 2022 looks challenged in early estimates for first quarter GDP, based on the median for a set of nowcasts compiled by CapitalSpectator.com.US output is on...

Wage figures published by the ABS for the December quarter revealed an increase to wages of 0.8 % from the September quarter and 3.3% annually.In the private sector, base pay packets rose 0.8% over...

Wall Street reopened but should’ve stayed in bed with “too hot” PMI figures across Europe and the US putting paid to the rumours that the Fed is still going aggressive on rate rises...

Economically speaking, bullish bets are mounting on a “no landing” scenario, which suggests the economy will avoid a recession entirely. As noted by Yahoo Finance last Friday: “The...

By Greg PeelEarnings in Focus Wall Street was flattish on Friday night heading into the long weekend, leaving the local market to focus more specifically on the day’s earnings results yesterday....

With Wall Street closed for the long weekend holiday other markets had to provide a lead, but European shares were mixed amid the Biden visit to Ukraine and in absence of other economic reports. This...

Recently I was shocked after speaking with five different investors on the phone. These investors have been involved in the markets for many years, and they trade their accounts. Surprisingly, not a...

DXY tried and failed to break out. The pain trade is definitely higher now:   AUD is grinding through its H&S neckline:Oil whacked, gold held on:Metals, miners, EM soft:Junk (NYSE:HYG)...

We recently discussed the recession signals from the NFIB (National Federation Of Independent Business) and the inverted yield curve. “As in 2019, we see many of the same recession signals from...

Another economic print upset the apple cart overnight with stronger than expected producer price inflation and further aggressive talk around interest rates from Fed officials sent Wall Street lower...