Opinion – Thursday 11 September 2025

U.S. Indices closed mixed again on Wednesday, while the Dollar finished flat with Bonds strong. Sectors were mixed, with Utilities, Tech, and Energy outperforming, with Tech names largely boosted by Oracle (ORCL) after rallying post-earnings with a chunky RPO of USD...

Opinion – Wednesday 10 September 2025

U.S. Indices closed mixed, with the S&P and NASDAQ 100 seeing slight gains, while the RUSSELL lagged, weighed by higher US yields. Amid Fed blackout, the US highlight on Tuesday was the Preliminary BLS Benchmark total payroll revisions for March 2025, which were...

Opinion – Tuesday 9 September 2025

U.S. Indices closed little changed on Monday, although outperformance was seen in the NASDAQ 100 thanks to gains in the Tech and Consumer Discretionary sectors. On the flipside, Utilities, real Estate and Consumer staples underperformed while overall breadth was weak...

Opinion – Monday 8 September 2025

U.S. Indices closed mixed, as stocks were choppy, bonds rallied, and the Dollar was soft after another weak US jobs report. The headline print missed analyst expectations at 22k, with three of the last four months printing below the breakeven estimate (see more...

Opinion – Thursday 4 September 2025

U.S. Indices closed mixed, while T-notes were bid and the Dollar soft. The mixed equity performance saw the Nasdaq and S&P outperform, largely a function of upside in Google and Apple, leading to the Communication and tech sectors outperforming. The upside was...

Opinion – Wednesday 3 September 2025

U.S. Indices closed in the red on Tuesday, as participants returned from the long Labour Day weekend, but were hit by the broader risk aversion amid numerous factors. In particular, but not limited to, the US appeals court ruling on Trump tariffs as illegal,...