Opinion – Thursday 8 November 2018

For once the polls were right! The Republicans kept control of the Senate, actually increasing their majority by three, but the Democrats rested control of the House back from the GOP. At his press conference, as well as claiming credit for the economy’s performance,...

Opinion – Wednesday 7 November 2018

Market predictably quite with voting in the US mid-terms still underway as we wait for the first polls to emerge. The US Indices closed higher buoyed by reports that the Republican party where going keep control of both the House and the Senate. In FX GBP (up) and CAD...

Opinion – Tuesday 6 November 2018

It has been a relatively subdued past 24 hours in markets with focus in tech shares after Apple extended its Friday decline to over 8%.The USD is weaker across the board with Sterling the G10 outperformer while TRY and ZAR have led the gains in major Emerging Market...

Opinion – Monday 5 November 2018

Friday’s US Payrolls Report exceeded expectations only in respect of the headline Non-Farm Payrolls print (250k against 200k expected) with the Unemployment rate unchanged at 3.7% as expected thanks to a 0.2% rise in the about participation rate, while average hourly...

Opinion – Friday 2 November 2018

After making new highs early morning yesterday, the USD has been on a steady decline over the past 24 hours with a mix of factors at play. Brexit news has boosted the pound with a hawkish Bank of England also playing a supporting role and Wednesday’s  improvement in...

Opinion – Thursday 1 November 2018

On the last day of what has been an extraordinary month for volatility in equity markets, the Global Stock Indices have rallied in size, kicked off in Asia yesterday on hopes of a Trump-Xi trade ‘’great deal’’, and given a further push from a market looking for good...