Opinion – Thursday 8 February 2018

Well it might be too early to call the recent rout in equity markets over, but price action over the past 24hrs suggests calmness has returned with European equities rebounding while US equities were relatively steady until the last 30 minutes of trading when the Dow...

Opinion – Wednesday 7 February 2018

After sharp drops in Asia, European equities cratered yesterday and following a big decline at the open, US equities rallied late to close in positive territory after a dramatic trading session. The Dow closed up 567 points which was an incredible 1800 points off...

Opinion – Tuesday 6 February 2018

Yesterday the stock markets crashed with Europe taking up where the US and Asia left off (the Eurostoxx 600 was down 1.56%) and this set the tone for the US market. The drop in the Dow accelerated in the last hour with the Industrials at one stage down 1600 points,...

Opinion – Monday 5 February 2018

The jump in US annual average hourly earnings in January, to 2.9% from an upwards revised 2.7% in December, stole the limelight on Friday albeit there were a number of extenuating circumstances suggesting the number should not be taken completely at face value....

Opinion – Friday 2 February 2018

The US Dollar  has resumed its downtrend with Euro strength the main culprit and with USD Indices trading sub key support levels the big question is how long will the Dollar fall? After yesterday’s soft data and ongoing repricing of RBA expectations the AUD is the G10...

Opinion – Thursday 1 February 2018

As widely expected, in what was Fed Chair Yellen’s last attendance in that role, the FOMC has voted unanimously (9-0) to keep the Fed Funds rate steady at a range of 1.25-1.50%. (As part of the changeover process, Jerome Powell was also formally elected as the new...