Opinion – Tuesday 6 March 2018

Equity markets closed back in the black yesterday with Treasury yields modestly higher amid further focus on Trump tariffs, with an attempted push back from two key GoP members, but an undaunted Trump. The US Non-Manufacturing for February remained very high...

Opinion – Monday 5 March 2018

European equities closed Friday sharply lower, but US equities ended mostly higher amid an increase in trade tension rhetoric by president Trump. The US Dollar continued to drift lower on Friday and the US Treasury curve bear steepened, likely reflecting inflationary...

Opinion – Friday 2 March 2018

Risk sentiment took a beaten late in the New York session after President Trump confirmed that he plans to impose import tariffs on steel and aluminium next week. US equities were struggling earlier in the session, but the announcement triggered a sell-off across the...

Opinion – Thursday 1 March 2018

Looking across markets this morning, the standout feature on what was the last day of a fairly tumultuous month, is the relatively sharp fall in all things Sterling. This following the 120 page presentation by the EU chief Brexit negotiator Michel Barnier, in which he...

Opinion – Wednesday 28 February 2018

The Euro is lower, pushed back by a stronger US Dollar in the wake of Fed Chairman Powell’s maiden testimony on monetary policy and the economy to Congress, yesterday afternoon to the House, with the Senate testimony coming this afternoon. US Treasury yields are a net...

Opinion – Tuesday 27 February 2018

US equities had another solid day, boosted by further declines in US Treasury yields while the VIX index continues to decline. The big dollar is little changed with the Canadian Dollar and Mexican Peso under pressure as NAFTA talks resume. Position squaring is...