Opinion – Friday 13 July 2018

Back to positive risk sentiment, aided by both China and the US making noises suggesting the doors are open to resumption of trade talks even if neither side is yet quite ready to walk through them. Alongside, the failure of USD//CNY to hold yesterday morning’s gains...

Opinion – Thursday 12 July 2018

Unsurprisingly reaction to the US plans to impose tariffs on an additional $200bn of Chinese goods (announced early yesterday), has triggered a sell off across risk assets. European and US equities closed down between 0.5% and 1.6% and the commodity complex is also a...

Opinion – Wednesday 11 July 2018

Just after the US Markets closed in New York last night, red headlines hit the screens saying ‘’U.S is said poised to release $200bn China tariff list’’. This was exactly what President Trump said he would do if China retaliated against the imposition of tariffs on...

Opinion – Tuesday 10 July 2018

No new news from the US-Sino trade war has helped investors focus back on fundamentals and with the US earnings season starting later this week, the US has led the gains in equities over the past 24 hours. Commodities also had a good day, helping the AUD retained most...

Opinion – Monday 9 July 2018

So after months of the EU imploring UK Prime Minister Theresa May to, on Friday she finally gave a response. This following an all-day meeting at her country retreat in which she faced down the ‘’Brexiteers’’ in her cabinet, reportedly under pain of being sacked if...

Opinion – Friday 6 July 2018

European and US equities ignored the negative lead from Asia and posted decent gains for the day. The FOMC minutes revealed most within the Fed are concerned over the potential impact from trade policy, but remain comfortable for now with the gradual pace of...