Market Overview

Wall Street continued to climb higher overnight, absorbing the latest FOMC minutes with aplomb, as the USD pulled back sharply against the major currencies as a result of the less than hawkish...

Recent data for the US economy reflect a mixed profile, but several widely followed business-cycle indicators are screaming recession.A pair of Treasury yield curves are signaling that the odds are...

Critics fault new budget for failure to plan for long-term growth US quiet ahead of Thanksgiving holiday as investors anticipate lower rate hikes ECB policymakers show little enthusiasm for another...

The Reserve Bank has stressed the need to stabilise rising consumer costs to avoid all Australians paying a 'heavy price'.RBA Governor Dr Philip Lowe has reiterated the central bank's commitment to...

We see a case for the bond rally to extend in the near term but we expect the move to run our of steam ahead of the next weeks’ inflation and employment dataDrift lower in yields to continue for...

EnergizedOn the back of increasing Chinese covid cases and lockdowns, base metal prices were all down -2-3% on Monday night, iron ore was down -1.5%, and gold was also lower. Yesterday the materials...

The FTX saga and Sam Bankman-Fried's illegal and extremely unethical actions capture much of the financial press’s attention right now. For good reason. The real-life story has echoes of...

Death in ChinaOn a comeback close for Wall Street on Friday night, the ASX200 jumped over 20 points from the open yesterday, but thereafter no one was interested. The index sank quietly all day to a...

The Dow Jones has sharply outperformed the Transportation Average The former is on the cusp of breaking out above its August peak The latter is well underneath its summer high Technicians can easily...

Week in reviewWith the tailwind of a good recent US CPI result, global equities tried hard to continue the rally last week – but ended down in the face of the unrelenting headwind of hawkish Fed...

DXY has stabilised:   AUD looks toppy:Oil is puking the China rebound:So is copper:Big miners (NYSE:RIO) are glued to iron ore:EM stocks (NYSE:EEM) are fading:Junk (NYSE:HYG) too:As the US curve...

• Consumer earnings, data could be catalysts for broader market• The real story is the Fed• Worst yield inversion in 40 years• Reevaluation of the trendThere is an argument to be...

The macro market and economic backdrop continues to pivot favorable for the gold mining sectorThe risk/reward for gold stocks has been very good after 2.5 years of correction that, contrary to what a...

Although there have been hints that the worst of the selling has passed, there’s still plenty of room for skepticism, based on trends for key markets via a set of ETF pairs for prices through...