Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for July 23.

Tim Bourquin interviews Sandy Jadeja, who talks about why he thinks we may be in for a 15% correction over the coming year, and how oil correlates to the major indices.

The credit markets are experiencing their worst sell-off in five years. Yet, after all the hand-wringing, corporate credit spreads remain very tight by historical measures.

Todd Gordon writes that he has never been so happy to be stopped out of a position before.

With no economic data released today, the only thing that could rattle the currency markets was a reversal in US stocks.

Retail sales growth in Canada is anticipated to rebound during the month of May, with the headline reading estimated to rise 0.5 percent after improving 0.4 percent during the month prior. Meanwhile, retail sales excluding automobiles are forecasted to jump 0.6 percent following an unchanged reading the month prior.

In response to the rapid pace of growth in the world’s fastest growing economy, the People’s Bank of China raised interest rates by 27 basis points.

Currency technical analyst Jamie Saettele analyzes the euro against the Canadian dollar, Australian dollar, and New Zealand dollar.

The British pound has backed off following the spike through the resistance line drawn off of the June 12 and July 3 highs.

UK GDP printed a better than forecast 0.8% vs. 0.7% expected and pulled the pound above the 2.0500 level once again.