Opinion – Thursday 5 July 2018

Unsurprisingly, not a big trading session in global markets with the US out for Independence Day. It has been a narrowly mixed Wednesday as far as European stocks go, US stock Index Futures have traded up by about 0.3%, European bond yields are a touch lower and in...

Opinion – Wednesday 4 July 2018

The market has been rightly besotted with trade tension news with July 6 looming for the imposition of those additional tariffs from the US and China. There is also Non-Farm Payrolls on Friday, so it is going to be interesting to see how it pans out. But in the past...

Opinion – Tuesday 3 July 2018

Political uncertainty in Germany and escalating tensions on global trade, centred around President Trump’s policies and possible retaliatory action appear to have been sufficient to hog the headlines and dog sentiment for a good part of yesterday’s trading session,...

Opinion – Monday 2 July 2018

The bounce in all things EUR during Friday’s London session on news of European Council agreement on dealing with migration issues carried into the US session and proved to be a rising tide that floated all boats, in G10 currencies at least where the USD fell against...

Opinion – Friday 29 June 2018

While emerging equity markets and currencies remain under pressure amid further CNY depreciation and buoyant oil prices, US equities have shrugged off the negative lead from Asia and Europe with gains in the IT sector providing a Bridge over Trouble Waters. After a...

Opinion – Thursday 28 June 2018

What started in the European session as a risk-positive mood with the Dax up 0.9% and the FTSE +1.1% reversed course in the US session with the Dow closing down 166 points, -0.68%, the S&P down 0.86%, and the Nasdaq off 1.54%. Flowing notably against the tide of...