Opinion – Friday 16 February 2018

After an initial wobble , US equities have recovered to close higher for a fifth day in a row with gains of 1.25%/1.58%.10y UST yields are unchanged after trading to a new 4 year high while the US Dollar has continued to fall and is now down almost 2% so far this...

Opinion – Thursday 15 February 2018

Much of the anticipation for markets for the past week or so has surrounded whether, after the larger than expected gain in average hourly earnings, the CPI would present a similar picture of emerging US inflation. And it did. Headline and core CPI came in stronger...

Opinion – Wednesday 14 February 2018

US stocks rose for the third consecutive trading session with a late rally having spent most of yesterday in the red. There was no obvious catalyst for the intra-day turnaround, with all sectors bar energy showing similar sized gains. As yet again it is so difficult...

Opinion – Tuesday 13 February 2018

US equity markets have started the new week on a positive note and after two consecutive days of negative returns, European equities play catch up, posting gains across the board. Excluding the back end of the curve, US Treasury yields are marginally higher and the US...

Opinion – Monday 12 February 2018

Friday was another choppy day for equity markets, although the S&P500 managed to end on a positive note. US Treasury yields nudged higher, with oil prices falling another 3%. Equity market volatility continued on Friday, with US stocks trading within a 4% range...

Opinion – Friday 9 February 2018

Just when it seemed safe to go back out, risk markets are on the defensive again, with European equities down 1%, but this time rising bond yields have re-emerged as the catalyst as they were at the end of last week on that higher than expected US Average Earnings...