Market Overview

- Heavy is the head that wears the crownAmong our less prescient perspectives has been the expectation that the precious metals sector would rekindle the flame it fervently held over the previous...

Forex News and EventsRBNZ: Not Done Yet Unsurprisingly, the Reserve Bank of New Zealand cut interest rates for the second time in 6 weeks, after having raised them in early 2014. The central bank cut...

As expected the RBNZ lowered its official cash rate by 25bps to 3%. However, the decision didn’t have the expect results on the New Zealand dollar. The Kiwi appreciated more than 1% against the...

New Zealand dollar recovers mildly today after RBNZ cut OCR by 25bps to 3.00%. Some analysts attributed the bounce to the perception that RBNZ wasn't as dovish as expected. A 25bps cut should be fully...

RBNZ Cuts Rates:As expected, the Reserve Bank of New Zealand cut interest rates by 0.25% from Wellington this morning. I know that I’ve used the Auckland skyline as my cover photo for...

I have a lot of cricket fans in my office and it is that time of the year again — the excitement during the Ashes is palpable.I can’t count myself as one of them, nor do I have profound...

The US dollar rose against nearly all the major and emerging market currencies in the past week. The notable exception among the majors is sterling, where hawkish BOE comments and another rise in...

New Zealand: room for further rate cuts The odds of further monetary easing from the Reserve Bank of New Zealand had increase considerably as weak underlying inflation gives Governor Wheeler room to...

Despite the Shanghai Composite Index’s fall remaining front page news, this week’s Chinese GDP result quietly threatens to show signs of a slowdown. The GDP y/y result is forecast at 6.9%...

There are two broad courses for the capital markets in the week ahead. The first is a continuation of what we have experienced for the past two weeks. Greece's financial and political crisis, and the...

Is it a banana? In the 19th century, downturns were called “depressions.” However, the term got a bad name in the 1930s, and “recession” was coined. Alfred Kahn, one of...

Can you decipher the notes?:It’s now coming into Wednesday after the weekend’s referendum vote, and low and behold, Greek banks are still closed, deadlines are still being pushed back, and...

As Australia’s export mix continues to narrow, the tag “Banana Republic” has started to make a resurgence. Former Australian Prime Minister, Paul Keating, was the first to coin the...

Market Drivers for July 6, 2015 Greece Votes NO Varoufakis resigns rallying euro on hopes of more constructive talks Nikkei -2.08% Europe -0.62% Oil $55/bbl Gold $1166/oz. Europe and AsiaAUD: ANZ Job...