Market Overview

Wall Street was able to follow through on its recent surge on the back of strong GDP data with European shares also lifting as Euro stopped climbing higher. The USD remains under some stress against...

By Greg PeelBad News! According to NAB’s December business confidence survey, business conditions have deteriorated, with the index falling -8 points to +12. Oh woe is us. But the numbers within...

Wall Street was unable to follow through on its recent two day surge, as concerns about the upcoming earnings season mounted with European shares also treading water after a solid start to the trading...

Asian stock markets are all advancing, making good on the solid start to the new trading week absent Chinese markets which remain closed. Wall Street is behind the big lift in risk sentiment with...

Before we move into a review of the last few months of market action to learn what most investors did wrong, I think it is important to begin this missive by reposting something written by Robert...

DXY has stopped falling for now:   AUD is now outpacing even EUR and JPY:Commodities are the stuff of nightmares for central banks. If the soft landing transpires then oil will have bottomed at...

The soft landing crew is increasingly taking over. No, the bond market’s base case is not a recession - it’s immaculate disinflation. Getting this call right is crucial...

Global marketsIt was a relatively subdued week in global markets, with the main focus remaining on how quickly the US economy is slowing – and whether the Fed will relent and become less hawkish...

DXY continued its one-way swoon Friday night as EUR launches:   AUD popped:Oil and gold firmed:Base metals climbed:And miners (NYSE:RIO):Plus EM stocks (NYSE:EEM):And junk (NYSE:HYG):US yields...

By Rudi Filapek-VandyckThe mantra used to be it's our dollar, but it's your problem. Since last year the world of finance is witnessing a new variant on the theme: it's your recession, not our...

Economists were expecting a decline, but the 1.1% slide in retail spending in December was deeper than expected. Even worse, the monthly slide marks the second straight decline. It could be noise, but...

By Rudi Filapek-VandyckEarly January market optimism quickly turned into the realisation the US economy is still facing an economic recession this year. All equity indices in the US have turned tail...

DXY was a wild thing last night as bad data spoiled the party:   AUD printed a large and bearish shooting star:So did oil:And copper:Miners (NYSE:RIO) were OK:EM stocks (NYSE:EEM) flamed out:As...

Over the last few years, I’ve pointed out exhaustively how the current operating approach at the Fed towards monetary policy is distinctly different from past tightening cycles. In fact, it is...