Opinion – Tuesday 31 January 2017

Yesterday has not been a good day for risk assets with European and the US equity indices recording their worst day since the November US election. The Dow has lost over 225 points at one point before rallying to close down 122 points and back below the 20K mark at...

Opinion – Monday 30 January 2017

Silver finished last Friday’s trading with an Upside Key Day Reversal following a softer than expected Q4 GDP print and downside miss on Headline Durable Goods Orders. US Bond Yields dropped on the 1.9% headline GDP release while the US Dollar again weakened. In...

Opinion – Friday 27 January 2017

Yesterday all was not well in the Trumpsphere, with the Mexican Peso giving back about half of Wednesday’s strong rally. This was after Mexican Enrique Pena Nieto cancelled – via Twitter – a planned meeting with the U.S. President. It followed the U.S. President...

Opinion – Thursday 26 January 2017

The Dow Jones Industrial Average finally broke the 20,000 resistance level for the first time in some style as stocks around the world extended a rally after corporate earnings reignited investors optimism in economic growth. Meanwhile both Bonds and oil sold off to...

Opinion – Wednesday 25 January 2017

Brexit news dominates headlines this morning with the UK Supreme Court ruling Parliament must vote before the formal Brexit mechanism (article 50) can be activated. However, in positive news for Brexiters the court also ruled that the devolved Scottish, Welsh and N....

Opinion – Tuesday 24 January 2017

Economic reports have been scant over the past 24 hours. Trump, trade, executive orders and a White House press briefing have provided wire feedstock for news and trade into European trade this morning. In the aftermath, the news has seen the US Dollar trade back down...