Market Overview

Federal Reserve policymakers are trying to calibrate the uncertainties of a pandemic, a vaccine rollout, and the impact of fiscal and monetary stimulus on the economy and inflation—not to mention a...

Federal Reserve policymakers have honed their messaging for the new year—no monetary policy changes in 2021 regardless of COVID-19 vaccines and the prospect of economic recovery in the second...

As of the time of writing, the British pound is little changed from yesterday’s close, trading at about 1.3580. However, we predict the currency pair will drop within the next couple of days,...

Compiled by Jesse CohenWall Street’s major indices are on track to end 2020 at all-time highs as optimism over progress on the COVID-19 vaccine front—combined with optimism over additional...

Central banks showed they had learned a thing or two from the 2008-09 financial crisis as they successfully navigated an unprecedented pandemic and lockdowns this year. They reacted forcefully to keep...

US states will start getting vaccines Monday Record US cases and deaths on Friday Lawmakers remain unable to agree on coronavirus fiscal aid package Cyclical rotation unclear on Friday Equites trimmed...

Investors were focused on what policymakers were thinking about the Federal Reserve’s asset purchases when the minutes of the monetary policy meeting in early November were published last week after...

Manufacturing PMIs beat expectations Financial markets have had to cope with something most usual over the past 24 hours in 2020, a procession of good news. The efficacy of AstraZeneca’s...

The vaccine rotation trade got another burst of momentum overnight, with Moderna’s Covid-19 vaccine preliminary data indicating a 94.50% effectiveness. More importantly, it can be stored in a...

Equities extended their gains on Tuesday but currencies consolidated as traders worry about President Trump’s campaign to challenge the election. Senate Majority Leader Mitch McConnell said Trump is...

Central banks around the world are pulling out most—but not all—of the stops to help their local economies soften the impact of the COVID-19 pandemic. The Bank of England said last week it will...

Federal Reserve policymakers were forced to tread water in their meeting last week, which came in the awkward interval between Americans casting their ballots in the presidential and congressional...

The answer is almost! The most divisive election in Western democratic history commences today as those Americans who haven’t voted head to the polls. Results will start flowing in through the...

Federal Reserve Chairman Jerome Powell picked just the wrong moment to reiterate his call for more fiscal stimulus last Tuesday, as his warning of “tragic” consequences came just hours before...