Latest Research

With US treasury yields starting to turn lower, just as the S&P500 hesitate at critical highs, we take a look at the bigger picture to see if sentiment could be about to turn for the worst.

After two weeks of constructive trade talks on both sides of the Pacific, we suggested that traders were “expecting the increase in tariffs will be delayed…with some sort of agreement following in either late March or early April.” On Sunday night, President Trump confirmed that he would be delaying the tariff escalation and planning another summit ...

When yesterday’s dueling Democratic and Republican proposals to open the government both failed to garner nearly enough votes in the Senate, it assured that 800,000 government employees would go a whole month without receiving a paycheck. However, it’s often said that “the night is darkest just before the dawn,” and there are some signs that yesterd...

US stock markets were closed yesterday in remembrance of Dr. Martin Luther King, and given the headwinds the world economy faces, perhaps policymakers could benefit from his overriding message of inclusion and cooperation.

In complex adaptive systems like modern financial markets, a change the price of any one market has a spillover effect into other markets. One of the best understood and most straightforward of these intermarket relationships is the impact of the US dollar on US stocks. In short, a strong dollar tends to boost the performance of domestic stocks at t...

One of the first things that new traders to the FX markets learn is that many currencies are correlated with other markets. For instance, the close relationship between oil and the Canadian dollar or certain metals and the Australian dollar are intuitive given the importance of exporting those commodities for the Canadian and Australian economies.

The minutes from each Federal Reserve meeting are released three weeks after the meeting itself, meaning that they’re generally stale under the best of circumstances...

The last few months have been hard on stock market bulls, to put it lightly...

Brexit developments continue to draw all the headlines, with my colleague Fawad Razaqzada characterizing today’s cabinet resignations as a disaster for PM May. While the updates from the UK continue to come in hot and heavy, we’re aware that some readers may be suffering from “Brexit fatigue”; thankfully, there are plenty of other market opportuniti...

After pausing briefly on this morning’s slightly softer-than-anticipated inflation data (see my colleague Fawad Razaqzada’s post, “Dollar extends but CPI miss not a game changer” for more), US stocks have resumed yesterday’s selling rout. As of writing, the Dow Jones Industrial Average is trading off by another 500+ points, with the S&P 500 falling ...

Oh, how quickly the trading tables can turn!

On Monday, we flipped the calendar into a new week, month, and quarter, and beyond the weather getting cooler (at least for Northern Hemisphere readers!), that means that we’re on the verge of another quarterly earnings season for US stocks.