Opinion – Wednesday 20 October 2021

U.S. Equity Markets spent another day in the green, finishing the day higher, led by the S&P 500 which closed higher by 0.74%, helping the VIX to fall by 4%. Markets opened higher and held onto the gains for the rest of the day. In terms of economic data, Housing...

Opinion – Tuesday 19 October 2021

U.S. Equity Markets rebounded strongly from the early afternoon lows, finishing the day higher, led by the NASDAQ 100 which closed higher by 1.02%. Markets opened sharply lower as Senator Joe Manchin (D-WV) reiterated his opposition to the size of the White...

Opinion – Monday 18 October 2021

U.S. Equity Markets rose to end a strong week, led by the Dow which closed above 35000 with a gain of 1.09%. Markets opened higher, and held onto their gains for the rest of the day. Economic data was mixed. On the one hand, Retail Sales data rose surprisingly in...

Opinion – Friday 14 October 2021

U.S. Equity Markets trended higher as U.S. weekly Jobless Claims fell below 300,000, finishing the day higher, led by the S&P having its best trading session in seven months with a gain of 1.71%. Weekly Jobless Claims fell below 300,000 for the first time since...

Opinion – Thursday 14 October 2021

U.S. Equity Markets rose as the Federal Reserve teased plans for asset purchase tapering, finishing the day higher led by the NASDAQ 100 which closed higher by 0.77%. Inflation data was the big driver of the afternoon. The Consumer Price Index (“CPI”) rose...

Opinion – Wednesday 13 October 2021

U.S. Equity Markets were little changed throughout much of yesterday, before again selling off into the close, led by the Dow finishing lower by 0.34%. Markets opened slightly lower on a quiet day, before bouncing around for the rest of the day. Federal Reserve...