Market Overview Analysis & Opinion

The U.S. dollar is mixed on the Thursday session against the major currencies awaiting the release of the U.S. non-farm payrolls (NFP) due Friday, Aug. 4, at 8:30 am EDT. The U.S. economy is...

Traders thinking that, based on recent MPC comments, the Bank of England was preparing to start raising interest rates, were hit with a bucket of ice water this morning. The MPC voted to maintain its...

Much like Anthony Scaramucci’s time in the White House, crude oil’s stay above $50 a barrel was rather short-lived. A Bloomberg survey noted yesterday that Libyan crude oil output...

Two developments late yesterday afternoon have had a big impact on overnight trading that may continue to impact trading across world markets today.Apple (NASDAQ:AAPL) reported better than expected...

The fortunes of the Canadian dollar have changed quite drastically since May. While USD/CAD was lingering near 1.37 just a couple of months ago, it is now in position to test purchasing power parity...

August is off to a big start this morning with the FTSE and Hang Seng up 0.8%, the DAX and U.S. index futures are up 0.5%,‎ while the Nikkei is up 0.3%.There are two main factors attracting...

The new trading week has started with another big rally for the Hang Seng, which jumped 1.2% overnight. Other index moves have been more moderate, with the FTSE up 0.4%, while the DAX and US index...

Last week, clear indications were expected from the U.S. Federal Reserve on when it would officially start reducing its balance sheet. Instead, we got the same song and dance as in June, and we only...

After hitting a two-year low, the USD/CAD pair ended the day yesterday with a major reversal, closing up 0.76%. We can pinpoint certain factors that contributed to the relative strength of the...

It's a sea of red out there ‎this morning with indices around the world getting slammed downward. Following on from bearish key reversals in the Nasdaq (NASDAQ:NDAQ) and SPX, plus the DAX...

Not surprisingly, the U.S. Federal Reserve (Fed) opted for the status quo. In the statement that accompanied the decision, it was noted that reducing the balance sheet will begin “relatively...

Global markets have remained active overnight. Commodity prices and gold have continued to climb, boosting resource stocks. USD was knocked back down as traders viewed the Fed statement as less...

It's another big day for trading with a number of potentially market moving developments. Commodities and resource stocks remain in the spotlight. Copper and crude oil are extending their rallies with...

U.S. stock markets ended the session yesterday at record levels further to the announcement of impressive earnings from major corporations such as McDonald’s (NYSE:MCD) and Caterpillar...