Opinion – Friday 5 January 2018

Positive economic data releases yesterday have helped reinforce the view that the ongoing broad based global economic recovery still has a lot of legs. US equities are again making new highs and barring Mexico (MEXBOL Index) all other major equity indices have closed...

Opinion – Thursday 4 January 2018

The tepid US Dollar resurgence that started late on Tuesday night  continued yesterday with a strong ISM manufacturing print and Fed Minutes with a hawkish tinge only having a subdued positive impact. The US Treasury curve has ended the day flatter and US Equities had...

Opinion – Wednesday 3 January 2018

US equities have started 2018 on a positive note with technology shares leading the way. Core global Bond Yields are higher with 10y UST up 5.8bps to 2.457% and the US Dollar has started the new year in the same way it ended 2017, weaker across the board. The NASDAQ...

Opinion – Tuesday 2 January 2018

The final trading day of 2017 featured similar themes to the preceding week. Year-end flows and lower liquidity remained a key feature of markets. US equity Indices fell around 0.5% on Friday, with all major sectors in the red. The S&P ended the last trading...

Opinion – Friday 29 December 2017

Seasonally light liquidity and end of year rebalancing flows continue to dominate price action. The USD index has slipped 0.2% and gains by G10 peers are broad-based, with the Swiss Franc, EUR and Canadian Dollar the top performers. The EUR/USD (+0.5% to 1.1946)...

Opinion – Thursday 28 December 2017

Markets over the Christmas period have been quiet with equities basically unchanged while the US Dollar is broadly weaker as US Bonds lead gains against its Global peers. In terms of data the Conference Board measure of US Consumer Confidence undershot expectations,...