Market Overview

DXY and EUR have been in a state of confused paralysis for 20 months. The market simply has no idea what is happening: AUD roared back with risk: North Asia went into hard reverse: Oil survives...

Wall Street bounced back overnight on the latest initial jobless claims numbers were better than expected with the good news helping alleviate stress on risk markets. European shares were less...

It’s important for investors to follow stocks and bonds. And even more important to understand the relationship between them.   Today, we highlight the past 20-years of there relationship via the...

Asian share markets are trying to reduce in volatility again today but all eyes remain on bond markets which continue to have the jitters. Yen is weakening again to alleviate some pressure on...

Wall Street is rolling over again despite a good start to the session with bond markets the culprit once more with some high yield auctions spooking the risk complex. A late swing to USD caused some...

Asian share markets are trying to reduce in volatility today as some semblance of calm returns to all the risk markets, particularly bonds. Yen is weakening again to alleviate some pressure on...

Judging by the current numbers, the US expansion almost certainly endures. There are well-founded concerns that the tide may be turning, but that’s still a speculative call. By comparison, published...

Asian share markets are trying to fight back today, with Japanese equities returning with a near 10% gain in a single session while overnight markets were down between 2 and 3% with futures...

US stocks took another hit yesterday as the carry trade unwound and the effect was felt in Japan when the Nikkei 225 plunged. Since then, the Nikkei has rebounded 10.2%, almost erasing the 12.4%...

Continued carnage on overnight markets as US recession fears and other macro concerns combine into a big selloff that is turning into a possible correction. Bond markets are rallying hard after the...

DXY is melting: AUD was fat-fingered into the abyss and then bounced. Beware a market that likes to fill the gaps: JPY is ballistic. CNY must have a carry trade: Oil broke then recovered: Metals just...

The Sahm Rule is getting airplay, but Sahm is not what I am, it is just one non-exceptional and somewhat lagging indicator of the coming recession. “We are pointed toward recessionary...

Complete carnage on Asian share markets today, with Japanese equities having some of their worst days ever, with the Nikkei 225 off by more than 12% in a single session. Friday’s much softer than...

Global markets Weak US economic data and further disappointing earnings reports led to a further pullback in global equities last week, yet a strong rally in bonds. For the first time in a long time,...