World Cup effect weighing on volumes

World Cup effect weighing on volumes Volumes are running low confirming the World Cup effect, but the lack of any substantial data has also contributed to the downturn in volume. Equity Market Risk off sentiment…

The Euro is circling the drain

The Euro is circling the drain Instead of a major roadblock, the ECB was a significant catalyst for the US dollar. And it is tough to argue against the intensity of the EUR downside move…

Back to the drawing board 

Back to the drawing board  Despite a hawkish  Fed hike last night the USD failed to rally. Without reading too much into the usual FOMC exercise in verbal gymnastics. The USD dollar couldn’t find a…

It’s showtime !

Enough with the speculation and all the teasers, it’s showtime!chil Not surprisingly it was a quiet session overnight despite the abundance of commentary and conjecture for today’s Trump-Kim Summit. FX interbank tapes indicated a staggering…

Let the Games Begin

 Maximus Pressure or Circus Maximus Both the S & P and Nasdaq fell overnight snapping the 5-day winning streak as the tech sector sags. But entering weeks end investors are taking another peek at the…

US equity markets defy gravity.

US equity markets defy gravity. Equity Markets US equity markets continue to defy gravity and extending the recent winning streak to four straight sessions. It was all about the financials as a series of coordinated…