Market Overview

We begin with the energy markets where the carnage continues. The selloff started with the latest report on US crude oil inventories showing crude in storage rising by 2.6M barrels (vs. -0.8M...

Greece had been a dominant issue for investors for much of the first seven months of the year. The seemingly reversal by Greek Prime Minister Tsipras allowed for Greece to move off the front burner....

Australian dollar remains steady in tight range in Asian session after RBA minutes. The minutes for August 4 meeting noted that " an accommodative monetary policy setting remained appropriate given...

In a 7/15 release on Q2’s GDP, the Chinese National Bureau of Statistics said that China’s economy is “moving forward while maintaining stability.” Real GDP rose 7% y/y. The...

Six of the eight indexes on our world watch finished in the red this week. The Shanghai Composite led the pack for the second consecutive week with its 5.91% surge, and it is once again the...

The gyrations in the foreign exchange market spurred by the panicked response to Chinese machinations may have been the last spasm before the summer doldrums grip the dollar. The Dollar Index had its...

Some years ago when I wrote that it was only a matter of time before economic growth in China slowed and commodities prices fell, the mainstream media in Australia at that time were obsessed with the...

In recent months, I’ve observed that most of the global economic indicators suggest a scenario of secular stagnation, with neither a boom nor a bust. The OECD Leading Economic Index is leaning...

When China's tinderbox economy implodes, who will be left to bid up the world's surplus commodities and real estate? After 30 years of torrid expansion, perhaps the single most consequential factor in...

There are two events this week that will shape the investment climate potentially for the rest of the year. The first is the Bank of England meeting. The following day is the US employment report.Both...

One of the biggest stories to emerge has been the decline in Emerging Market Currencies. The IMF noted this in their latest World Economic Outlook, which stated: Growth in emerging market and...

The US economy skidded on an ice patch at the start of the year. It seemed to be stuck in a soft patch during the early spring. However, May retail sales blew that notion away: It increased 1.2%...

Chinese Stock Woes: After what seemed like a settled week, Chinese stocks were back in the news overnight with some massive falls ripping through markets. The Shanghai Composite Index capitulated,...

Asian equities are generally lower in a new week, following last week's selloff in US. Sentiments are weighed down over slowdown in China's economy and investors are cautious ahead of FOMC meeting....