Opinion – Wednesday 24 May 2017

European and US equities have continued to edge higher amid a mild risk positive tone in yesterday’s trading session. US Treasury Yields had a small sell off at the start of the NY session with the move higher in yields helping the USD perform across the board....

Opinion – Tuesday 23 May 2017

Yesterday was a calm trading session when all is said and done and not at all resembling the middle of last week. German Chancellor Merkel has been saying what everyone has known – that the Euro is too weak – lifting the single currency and softening the USD. The...

Opinion – Monday 22 May 2017

The recovery in US equities continued on Friday and unlike Thursday, European equities also managed to record some gains. US Treasury Yields were little changed, but the US Dollar was softer across the board more than reversing Thursday’s gains. The US Dollar was on a...

Opinion – Friday 19 May 2017

The US market has taken a breather yesterday, notwithstanding news very late in the New York trading session that a Special Counsel (Robert Mueller, ex-FBI Director) was being appointed to investigate Russia’s involvement in the election. It has not been another day...

Opinion – Thursday 18 May 2017

Yesterday has been a real trading session of risk-off emanating from the US and the Twitter sphere going into overdrive over speculation around whether the President pressured James Comey – then FBI Director – to drop his investigation into Mike Flynn, former...

Opinion – Wednesday 17 May 2017

The two most significant development yesterday were a 1.0% surge in the Euro (Euro now fetches 1.1110 – the highest since November 9 2016), and continued weakness in the US Dollar with the DXY down 0.7% yesterday and another 0.3% overnight and at its lowest point...