Market Overview

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...

The Federal Reserve meets in a month. We all can appreciate that one of the most important elements is expectations. How should investors measure expectations? We can take a page from the Fed's...

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...

One of the most accurate and reliable global economic indicators is the CRB raw industrials spot price index. It has been falling this year, and is now the lowest since November 9, 2009. However,...

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...

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%...

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....

Chart Of The Day: Emerging market equities are breaking down Today's chart shows how South Korean exports, which are continuing to contract for several months in the row now, closely correlate with...

- 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...