Opinion – Wednesday 6 December 2017

The US Dollar is stronger against most currencies and the AUD has given back all of yesterday’s gains amid overnight softness in metal prices. Meanwhile, US Tech shares have rebounded and the UST curve is flatter driven by a move lower in longer dated yields. In other...

Opinion – Tuesday 5 December 2017

It seemed that a deal over the Irish border was likely to emerge after the May-Juncker lunch meeting yesterday, the market was excited, but a deal did not emerge. There is still confidence on both sides that one can be agreed ahead of the EU December 14-15 Summit,...

Opinion – Monday 4 December 2017

Russian Roulette is a pretty dark song, and latest developments in ‘Russia-gate’ centred on what former national security advisor Michael Flynn was prepared to tell about Trump administration dealings with Russia, after earlier admitting he had lied to the FBI, cast a...

Opinion – Friday 1 December 2017

US Tech shares rebounded after Wednesday’s worst selloff in a year and news that Senator McCain will support the Senate tax bill provided an additional boost to US equities. The latter was also the catalyst for 10 year US Treasury Yields to break above 2.40% after the...

Opinion – Thursday 30 November 2017

Everything is rosy nicely captures the key upbeat message from Fed Chair Yellen appearance before Congress alongside the better than expected US and EU economic data. Higher German inflation looks to have been the trigger for an uplift in core Global Bond Yields while...

Opinion – Wednesday 29 November 2017

It has been a pretty busy past 24 hours with Fed Chair in waiting Powell appearance before a Senate committee, mixed US data releases, confirmation of UK-EU Brexit bill (after some confusion), North Korea launching a ballistic missile and lastly the US Senate Budget...