Opinion – Wednesday 6 March 2019

Not a huge amount of price action across currencies, equities or bonds over the past 24 hours with most price movement such as there is consistent with the significantly better than expected Non-Manufacturing ISM release. Together with stronger than expected New Home...

Opinion – Tuesday 5 March 2019

After a quiet February, Volatility picked up in the US stock market with the Indices reversing all of Friday’s gains and then some, the S&P and NASDAQ closing down 0.4% and the Dow by 0.8% (albeit losses for the former were closer to 1% at 5.00 pm). Friday’s...

Opinion – Monday 4 March 2019

Softer US data releases had a short – lived downward impact on US equities, US Treasury yields and the USD, with all three asset classes closing higher on Friday. It was a good day for risk assets with all major equity indices closing higher. The USD was broadly...

Opinion – Friday 1 March 2019

Equity Markets have rebounded this morning despite the evident failure of The Trump-Kim bromance and the US President’s previous declaration that he had fallen in love with the North Korean dictator, to yield progress in the US’s efforts to get N. Korea to...

Opinion – Thursday 28 February 2019

Risk assets remain in a cautious mood not helped by an escalation in tension between India and Pakistan while overnight US Trade Representative, Robert Lighthizer, tempered expectations of an imminent US-China trade deal following earlier suggestion by President Trump...

Opinion – Wednesday 27 February 2019

The only price action of particular note since I posted yesterday morning has been in Sterling, which jumped by over a cent against the US dollar after UK Prime Minister May told parliament that if they rejected her Withdrawal Agreement on March 12th, they would in...