Opinion – Wednesday 30 January 2019

Understandably, price action yesterday was pretty subdued ahead of a series of events which have the potential to determine markets’ direction over the coming months. UK MPs voted last night with the key Brady and Spellman Amendments both passing while the Cooper...

Opinion – Tuesday 29 January 2019

On Friday, news of a temporary end to the US government shutdown alongside reassuring development on US-China trade negotiations and additional stimulatory policy tweaks from China combined to feel the air with optimism, driving equities, commodities and UST yields...

Opinion – Monday 28 January 2019

Last week brought something new for stock investors whiplashed by December’s drubbing and subsequent January snap-back: a lull in the action. Despite the S&P 500 Index closing 0.85% higher on Friday, it was down 0.2 percent for the week as earnings season kicked...

Opinion – Friday 25 January 2019

Markets are again choppy in the midst of Okay U.S. earnings, especially from a better performance from semi-conductor stocks yesterday. Overall, markets weighed down by continuing concerns over a global slowdown without resolution on trade issues, the shutdown, and...

Opinion – Thursday 24 January 2019

The US dollar is weaker (and AUD a little stronger) from where I posted yesterday morning, thanks largely to gains for Sterling and which has dragged EUR along for at least part of the ride. US stocks having turned negative despite earlier been buoyed by positive...

Opinion – Wednesday 23 January 2019

After observing MLK day on Monday, US equities have opened the week sharply lower reflecting a change in market sentiment amid a flurry of headlines suggesting US-China trade talks are not heading in the right direction, China’s President speech stressing the need to...