Data data everywhere and not a drop of growth. We’ve gone with that as the opening sentence for the second day in a row to reinforce to our readers that the global economy is turning down again. We have noted recently that the pace of economic releases and their outcomes which were largely better than…

Data data everywhere and not a drop of growth. Stocks kept keeping on overnight with both the Dow and the S&P touching new all times highs in trade before pulling back a little while stocks in Europe rallied even though we saw some very poor GDP data for the Eurozone. Germany managed to print a…

Here is an interesting stat for you – according to MarketWatch the Dow Jones Industrial Average rose for the 18th Tuesday in a row. As I say that is an interesting but also essentially useless stat – indeed who keeps stats like these? Maybe you do if you are testing a trading system called “buy…

Stocks went nowhere overnight with the DAX unable to push on from its new all time high last week and the US markets unable to capitalise on the better then expect retail sales data for April which showed a rise of 0.1% versus last month’s 0.5% fall and this months 0.3% fall which was expected….

Here is our summary of this week’s moves in the positioning of the large speculative FX trading community as reported by the CFTC in their Commitment of Traders Report AND what it means for traders. Summary: Last week we said that the repositioning of Yen shorts gave room for a move if 100 breaks and…

The Aussie dollar is currently sitting at 0.9997 in early Asian trade today and the Euro is at 1.2962 as the US dollar gains ground and most likely looks to continue to gain ground over the months ahead given the continuing difference between economic outcomes in the US and in Europe and given that the…

The Australian Dollar and its trend is in the news again as the sellers line up and sentiment turns. Here is an interview I did over at MacroBusiness Australia’s premier independent Business and Economics site where I write on the Aussie Dollar and Markets as Deus Forex Machina. We are sure you’ll find it interesting….

Welcome to the first of our new weekly subscriber newsletters – Each Saturday morning in Australia and Asia, and Friday evening/night in the US and Europe we will publish our thoughts on what was important this week and what it might mean in the weeks and months ahead. It’s a good week to kick off…

Last night was all about the US dollar as the break of 100 against the Yen was a catalyst for a turn in stocks and the Euro and Aussie getting absolutely hammered. What drove the move which came after lunch New York time is difficult to know and different rumours have filtered through the market….

The Bull market in stocks just keeps keeping on and anyone who follows a trend following strategy is going to be making out like bandits at the moment because the rhetoric that so many have about what stocks should and should not do is lost on those that just follow the price action. Hats off…