Opinion – Thursday 20 February 2025

U.S. Indices were little changed on Wednesday while T-Notes bull steepened with upside in both assets seen in late trade after the FOMC Minutes. The Minutes were largely as expected, signalling the Fed is in no rush to adjust policy and they should be cautious with...

Opinion – Wednesday 19 February 2025

U.S. Indices closed with slight gains on Tuesday as they saw a slight bid into settlement but were still relatively rangebound in a day which was dominated by US and Russia high-level delegates holding a meeting in Riyadh regarding Ukraine. Following the gathering,...

Opinion – Tuesday 18 February 2025

U.S. Markets were closed Monday for the Presidents’ Day Holiday. Futures closed higher while in Europe the German DAX closed at a new all-time high following a gain of 1.26%. Meanwhile, the French CAC, Spain’s IBEX and the Italian FTSE MIB closed at their highest...

Opinion – Monday 17 February 2025

U.S. Indices closed mixed on Friday with outperformance in the NASDAQ 100 as Communication and Tech names outperformed, while the S&P 500 and Russell 2000 were little changed, and the Dow underperformed. The Dow was weighed on by retailers (WMT, PG) after a...

Opinion – Thursday 13 February 2025

U.S. Indices closed Wednesday mixed, but that only tells half the story, as a broad-based hawkish reaction was seen on the hot US CPI report, before paring. As such, after all major metrics in the release topped expectations, US equity futures and Treasuries saw...

Opinion – Wednesday 12 February 2025

U.S. Equity Markets closed mixed on Tuesday trade with overnight weakness on Trump steel and aluminum tariffs paring to see the S&P close flat, while both the NADSAQ and Russell 2000 closed down and Dow Jones higher. Sectors were also mixed with outperformance in...