Opinion – Wednesday 5 September 2018

The US Dollar remains in the ascendancy from a triple whammy of more Emerging Markets, this time from South African Rand weakness, a new cycle high in the US ISM Manufacturing Index for August and the uncertainty looming over the possible 25% tariffs on an additional...

Opinion – Tuesday 4 September 2018

It has been a quiet start to September partly due to the US being on holiday celebrating Labor Day. European equity Indices ended the day little changed with the UK FTSE 100 the stand out, up almost 1% and buoyed by a 0.7% decline in the pound. Criticism of PM May...

Opinion – Monday 3 September 2018

Markets ended the month of August with a sense of unease, as Canada and the US were unable to reach a deal for a NAFTA re-write. Both parties agreed to keep talking and negotiations will resume on Wednesday with a deal still expected, but unlikely to be reached until...

Opinion – Friday 31 August 2018

News in the last two hours of the New York trading session that President Trump wants to move ahead with a plan to impose tariffs on $200 billion of Chinese imports as soon as the public comment period concludes next week, has pulled the rug from an earlier recovery...

Opinion – Thursday 30 August 2018

The big news yesterday was the announcement by the EU’s Barnier who suggested an offer to the UK of a deal that has never been seen before.Sterling jumped nearly two big figures on the Barnier headline, from around 1.285 to over 1.3040 this morning, EUR/GBP down from...

Opinion – Wednesday 29 August 2018

While European equities had a mixed session, US counterparts managed to close with minuscule gains. The US Dollar is flat in Index terms and US Treasury yields are higher on the back of mostly solid US data releases. After Monday’s comments by President Trump, that...