Market Overview Analysis & Opinion

The Greenback Continues to ClimbOn Monday, the loonie pulled back slightly because of weak crude oil prices and disappointing Chinese economic data. Chinese manufacturing activity figures, as measured...

As the market largely focuses upon the game being played over the potential for US rate hikes, a larger economic crisis is brewing within the world’s factory, China. Despite a range of...

A critical driver in the foreign exchange market, and the global capital markets more generally, is the continued preparation by the Federal Reserve for a rate hike, while many other central banks,...

All Eyes on the Fed at 2 p.mMarkets are definitely eager to learn whether the Fed continues to think that it will be able to raise its key rate before the end of the year, which is now considered only...

Slowdowns in the U.S. and the U.K.Yesterday, we learned that New Home Sales south of the border had slowed in September, bringing the annual average to 468,000, or below the forecast of 550,000. This...

This week the scorecard recommends buying CAD, NOK and NZD, while selling EUR, USD and CHF.Last week's signals resulted in a 1.6% loss. Especially the long NOK and SEK positions were expensive, while...

The combination of the dovish signals from the European Central Bank and the rate cut Friday by the People’s Bank of China lifted the US dollar just as it was threatening to fall through the...

The media loves to report that Saudi Arabia is on the edge of a financial cliff. Last week, the Guardian reported on a “secret” memo in which King Salman ordered “unprecedented...

The main event today is the ECB meeting. Many observers expect a dovish tilt as Draghi prepares to expand QE in December. A Bloomberg survey conducted last week found that 80% of economists expect...

Key Rate Decision in CanadaToday, we will be essentially focusing on the Bank of Canada’s Governor Stephen Poloz, who will announce at 10 a.m. the Bank’s key rate decision. Markets are not...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. There are 2 monetary policy announcements this week with the Bank of Canada batting first on Wednesday. After rising to a high...

Liberal majority governmentThe Conservative Party led by Stephen Harper have failed in their bid to win on an early election call. Justin Trudeau’s Liberals at last count had 184 seats and...

Global growth has been slowing rapidly according to OECD indicator A lot of charts to get through, so let's keep it global, let's keep it simple and in basic point form. If one was to focus on the...

The Weekly Economic Watch offers a commentary on developments in the economic environment as depicted by economic indicators released during the week and on indicators to be published in the upcoming...