Our focus is usually on attempting to provide answers with respect to markets trends but there are times when we wonder whether knowing the correct questions to ask might be even more important. One question that springs to mind is… what in the heck is ‘the trend’? Below is a chart comparison that we have [...]

The rising trend for gold prices reflects, we suspect, a general sense of mistrust and disdain for alternatives such as the U.S. dollar and euro. It is also related to concerns about the health of the banking system and, from an intermarket perspective, has its roots in the same trend that has been pushing commodity [...]

One of the challenges involved with viewing the trend for the equity markets through that of the bond market is that the relationship works in two different time frames. There is a ‘real time’ relationship that often involves rising bond prices as money moves away from risk and falling bond prices as money pushes back [...]

USD: Higher, improving risk appetite as equity markets rally, hawkish rate comments from Fed’s Lockhart JPY: Lower, political uncertainty, CAPEX spending drops EUR: Lower, EU retail sales decline and services PMI growth slows GBP: Lower, houses prices rise and services PMI improves, Moody’s and Fitch downgrade BP CAD and AUD: AUD & CAD higher, Australian [...]

FX Highlights The USD is trading marginally lower as global equity markets rally to a two week high supported by upbeat US economic data and optimism about the global recovery, EUR gains limited by report of weak EU retail sales, GBP rallies in reaction to report of rising UK house prices with gains limited by [...]