Opinion – Thursday 30 March 2017

The UK Brexit letter has finally been delivered, but market reaction has been fairly muted. US equity Indices have traded in and out of positive territory and main European indices closed the day up between 0.29% and 0.45%. The US Dollar is stronger against European...

Opinion – Wednesday 29 March 2017

Getting toward the end of the month and the end of the Quarter, and given the torpor of risk assets markets of late, the return of some buying could easily have occurred. And that could well be part of the explanation for yesterday’s moves. Stocks were higher in...

Opinion – Tuesday 28 March 2017

The German economy is continuing to out-perform. The run of better than expected data continued, this time from the German IFO Survey for March. The survey was the strongest since 2011 and also not far off the pre-GFC highs of a decade ago when the German economy was...

Opinion – Monday 27 March 2017

The US Dollar (BBDX) was little changed on Friday while US equities and US Treasury yields ended the week a little bit lower reflecting a mild risk off tone. After all of last week’s saga, the US has no phenomenal health care plan as Republicans tell Trump that...

Opinion – Friday 24 March 2017

It seem that every week the market is waiting for an important event to happen which will finally get prices to move in most asset classes. Yesterday the whole focus was on the Health Bill in Congress and less than an hour before US Markets closed it was announced...

Opinion – Thursday 23 March 2017

Have markets broken up with the Trump trade? Today will be a key test of this hypothesis with the US Congress voting on a key Healthcare Reform Bill which is seen as a crucial test of the relationship between the White House and Congress. If the bill does not pass,...