Market Overview

Corporate greed is not causing inflation, despite the claims of many on the political left who failed to understand the very basics of economic supply and demand. “If you take a look at what people...

FX Moves USDThe dollar closed last week only two-tenths of a percent higher, having dropped 0.3% on Friday even as growth indicators for April came in stronger than expected. This was seemingly...

Wall Street was closed overnight for a holiday with risk markets still advancing despite its absence with volatility reducing somewhat across the risk complex. European shares are finding more...

It will be a holiday-shortened trading week, with markets in the US Closed today for Memorial Day. We had some typical holiday-like price action on Friday, with light trading volumes and the typical...

Global markets – week in review After four consecutive weekly gains, global equities took a breather last week with the S&P 500 inching ahead only 0.03%. Firm US service sector data and...

A more positive result for Wall Street on Friday night with the USD retreating slightly as the latest Michigan consumer sentiment print came in better than expected, while the latest durable goods...

As we discussed recently, Wall Street economists increasingly believe the risk of recession has fallen sharply. To wit: “Economists don’t think the economy will get even close to a recession. In...

Last week, the Wall Street Journal reported that the Fed and two other U.S. banking regulators are going to significantly reduce a planned increase in capital requirements for the country's large...

There is still no sign of the current wave of juicier term deposit returns coming to an end, with Heartland, Bank of Queensland and MOVE among several providers to hike this week.It wasn't too long...

The two major releases on the economic calendar – global flash PMI’s and US initial jobless claims – both came in stronger than expected, giving USD a boost against most of the...

DXY is up: AUD is down: China let CNY slip if look right up close: Oil and gold are pointing to commodity exhaustion: Copper and metals more like keeled over: Miners fell: EM fell: Junk has the...

As the U.S. economy continues to navigate a complex landscape with persistent inflation and a stock market setting new highs, the Federal Reserve seems committed to its patient approach regarding...

FX Moves USDThe dollar caught a bid on Wednesday with the DXY index rising 0.3%. While the greenback’s climb was initially triggered by renewed concerns around inflation persistence following hot UK...

Market volatility remains somewhat high with tensions in the Taiwan Strait overshadowing last night’s FOMC minutes release, with Chinese stocks and their proxies like the ASX200 falling while a...