Opinion – Thursday 10 November 2016

Yesterday was one of the most incredible trading day’s that I have witnessed in my 30 years of trading markets with seven of my nine markets that I write about each day having Key Day Reversals. The Euro and Bund had downside Reversals while the S&P, DOW,...

Opinion – Wednesday 9 November 2016

Donald Trump is poised to pull off a huge electoral upset and become the 45th President of the United States, a repudiation of the political establishment that is jolting financial markets as it promises to reshape the nation’s priorities and America’s...

Opinion – Tuesday 8 November 2016

The final countdown is Europe’s biggest hit, it reached number one in 26 countries and is probably one of the cheesiest songs of the 1980’s. The song’s lyrics are both apocalyptic and optimistic describing a trip into space and in a similar way today feels...

Opinion – Monday 7 November 2016

Following the decision by the FBI to clear Hillary Clinton on the classified Emails with a letter to Congress just before the US Markets opened last night the S&P subsequently opened 1.2% higher while the US Dollar rallied by 0.7% reversing losses sustained lat...

Opinion – Friday 4 November 2016

The focus for markets yesterday was well and truly back on the UK with Sterling the stand-out performer over the past 24 hours, trading this morning with a solid 1.24 handle, a full three big figures above where it opened the week. The rally reflects a combination of...

Opinion – Thursday 3 November 2016

The Fed has, as expected, left the Fed funds rate unchanged and without any overt reference to December as “on”. Not that a specific time reference was expected, data dependency and market developments still the ultimate drivers, including the aftermath of the...