Market Overview

This week, it was the IMFs turn to downgrade their global growth projections, which they did on October 6:The IMF’s latest World Economic Outlook (WEO) foresees lower global growth compared to...

The Aussie dollar formed a double bottom on the continuous chart with the lows on September 4th (6905) and September 29th (6908). Today the pattern was activated as it closed above the peak ( the...

Australian GDP growth was relatively flat throughout the 2nd quarter of 2015 as global commodity prices remained severely depressed. The GDP result was well below expectations, indicating growth of...

The US dollar fell against most of the major and emerging market currencies for the second consecutive week. The combination of market positioning, weak confidence that the Fed will hike rates this...

As we might expect, the big decline in oil prices triggered a mirror-image reverse trend in USD/CAD as the Canadian dollar weakened at every down-step in the price of oil since July 2014.Two Features...

After five days of gains in the likes of the FTSE 100 and S&P 500, it seems the momentum is waning somewhat. If we focus specifically on the European open, then the recent positive price action...

Asian markets seem to be reacting positively to improved sentiment around China and less US dollar strength. The Chinese PMIs seemed to have eased fears that the economy would collapse while the US...

The unexpectedly poor September US jobs data weakened the greenback's technical tone, as questions about the underlying strength of the world's largest economy, and the implications for the Fed's...

Q4 is off to a good start with Asian markets rallying off the slightly improved Chinese PMIs. There has been a growing feeling in the markets that while the global outlook has dimmed somewhat, the...

Another quarter down and the run into Christmas is now in sight! While not the greatest result overall for stock indices, the day traders were thrown a bone overnight with some nice little rallies in...

The end of a horrendous quarter for equities and emerging markets is generating a sigh of relief that is helping lift those battered markets. The MSCI Emerging Markets Index is up almost 1.75% prior...

Traders and investors alike are being schooled on the importance of adjusting portfolios to the effects of volatility. Volatility is one of the four key variables that simply have to be considered if...

Despite recent financial turmoil, no one has provided a concise explanation of the commodity super-cycle, one of the primary macro-economic forces causing recent volatility. That is, until now. In a...

The US dollar rose against all the major and emerging market currencies over the past week, save the Russian ruble, which gained about 1.5%. Comments from several Fed officials, and most notably...