The volatility in the financial markets continues as the tensions between ECB and Greece’s new elected government progresses. This week, the Euro group and ECOFIN summits are likely to further discuss the Greek debt situation. Other publications and events to…
In the past few weeks oil has demonstrated signs of recovery. This rally was driven, in part, by the adjustments in market expectations of a slowdown in the U.S. oil production as major oil producers have been cutting down their…
The U.S. NF payroll report presented higher growth in jobs than market expectations and a rise in wages. This news was enough to bring up the US dollar. Looking forward, the JOLTS report, the other labor market monthly update, will…
The NFP is eyed with worries after recent US data. And what about wages? The RBA cut rates: a one off or just the beginning? The ECB’s late night move against Greece only temporarily hurt the euro. How will this evolve?…
The oil market has seen a sharp rise in prices last week, but it still below $50 per barrel. The recent developments in the oil market could suggest high volatility in prices in the near term and a potential rally…
The country down under is back on the news after the Reserve Bank of Australia decided to cut its cash rate by 0.25 percentage points. So now the RBA’s cash rate is set at 2.25% — its lowest level in…
Last week continued the high volatility following the recent FOMC policy meeting and US’s GDP fourth quarter release. This week is also entails important financial reports from the US most notably the non-farm payroll, manufacturing PMI, PCE, and factory orders…
In a recent article I wrote that the fall in oil prices have already started to impact US oil companies, which have started to reduce their capex and shut down rigs. I would also like to make two more points…
The highly anticipated Greek elections will be held on Sunday and could set the pace for this week in the markets. In the U.S. several economic reports will be released including: first estimate of GDP for Q4, FOMC meeting statement,…
ECB QE is here and it’s big: we run down the event and the impact before circling back to the big hint we received for this one week before from the SNB, focusing on the impact on brokers. The moves are of course…