Market Overview

War jitters caused Wall Street to pull back sharply on Friday night with continued volatility from weekend events likely to spill over to Asian markets on the open this morning. The USD rebounded to...

DXY is up and away:AUD is back at critical support:North Asia is under intense pressure:Oil and gold hanging in there:Base metals still chasing no landing:But not big miners:And EM hates no landing:So...

Is immigration why employment reports from the Bureau of Labor Statistics (BLS) continue defying mainstream economists’ estimates? Many are asking this question as the U.S. experiences a flood...

Wall Street rebounded later in the session overnight while the USD firmed even more as the ECB held fire at its latest interest rate meeting. With the inflation genie nowhere near back in the bottle,...

DXY remained firm:AUD managed to undo a some damage:No help from North Asia:Oil is awaiting a new shock. New gold shows no sign of paying attention to old drivers like DXY or real interest rates:Dirt...

Stocks finished the day lower following the hotter CPI report. The S&P 500 was all over the place, though, trading with big swings. These swings seem to be a sign to me of a market that is...

Interest rate cut expectations have receded everywhere following the US inflation data, but there are subtle dovish incremental shifts within the BoC’s commentary that suggest should inflation...

Here are my thoughts on the European Central Bank's meeting: What to watch What is priced in Whether EURO will hit fresh 2-month lows vs. USD

DXY went bang!AUD was smashed:Led by North Asia:Oil held up. Old gold would normally crash right about now:Commods hit turb:Miners were hit:EM cowered:Junk signalled risk off:As yields...

After a week when the NY/NJ area saw an earthquake, an eclipse, and a gorgeous 75-degree spring day, it is time to get back to work.Today’s CPI report was not expected to be particularly great....

All eyes turn to the US inflation data, due to be released later today. Expectations include a slight decrease in core CPI and a marginal increase in overall CPI. Amid uncertainty about rate cuts,...

Stocks had a back-and-forth day ahead of today’s CPI report, which could take on some extra weight regarding the outlook for rate cuts.Expectations are for the CPI to rise by 0.3% m/m, down from...

Wall Street was able to just get itself out of a reversal overnight with a late rally by tech stocks in the absence of any economic or macro events as traders await this week’s US CPI print. The...

DXY eased last night:AUD got squeezy against both majors:Zero aid from North Asia:But some from oil and gold:Goldman’s fancy copper squeeze is going nicely. Beware.Big miners are back!EM stocks...