Opinion – Monday 26 November 2018

It seems that there is still plenty of life in the good old greenback. Despite concerns over the US housing sector, volatile equity markets, tighter financial conditions and a potential blink by the Fed, the US continues to win the least ugly contest with other major...

Opinion – Friday 23 November 2018

With the US chowing down for the Thanksgiving Day holiday, it could have been a very quiet session but this was not the case with Brexit news prominent. It was the release of a Brexit Declaration setting out the future relationship between the UK and the EC....

Opinion – Thursday 22 November 2018

After two consecutive days of steep declines, US equities have rebounded yesterday with gains led by energy shares and small caps. Amid a low trading environment ahead of Thanksgiving holiday today, gains in oil prices have been one supporting factor while US economic...

Opinion – Wednesday 21 November 2018

The global equity rout continues with US equities now close to levels seen at the start of the year. Unlike Monday, where tech shares led the decline, yesterday’s falls have been broadly based although the energy sector is the big loser weighted down by an eye...

Opinion – Tuesday 20 November 2018

So much for this week being one of the seasonally strongest trading weeks for US Indices with the markets closing in a sea of red across board, with the Dow and S&P off 1.6-1.7% and the NASDAQ a cooler 3.17%. The ‘’FANG’’ sector is again driving the broader...

Opinion – Monday 19 November 2018

Comments from Fed officials on Friday, in particular recently installed Vice-Chair Rich Clarida and Dallas Fed President Bob Kaplan acknowledging a global slowdown and downside risks as being relevant to Fed policy, and a Wall Street Journal interview with Philly Fed...