Opinion – Monday 12 September 2016

If anyone harboured thoughts that Global Markets were not completely in the thrall of the ”could they, would they” debate about the Fed’s 2016 intentions, they were disabused of the notion from the US get-go on Friday. Boston Fed President Eric...

Opinion – Friday 9 September 2016

We had three main developments yesterday, a spike in oil prices, a somewhat more content ECB President and a renewed warning a bout the strength of the Australian Dollar from RBA Governor Stephens in an AFR interview which sees the AUD/USD trading at 0.7640 this...

Opinion – Thursday 8 September 2016

It has been a relatively quiet 24 hours for markets with the moves in Sterling probably the major highlight. Bank of England Governor Mark Carney faced the Treasury Select Committee in Parliament and was quick to give himself a nice pat on the back for the bounce in...

Opinion – Wednesday 7 September 2016

The recent ramp up in Fed rhetoric aimed at putting the market on the scent of an imminent Fed Funds rate hike took another blow yesterday afternoon following a sharp drop in the August ISM Non-Manufacturing Index. The Index fell over 4 points to 51.4, way below the...

Opinion – Tuesday 6 September 2016

With the US Markets closed for the Labour Day Holiday, the latest UK economic data and gyrations in the oil price captured most of yesterday’s headlines. That said much of the initial sharp spike higher in oil on the latest mumblings about a Saudi Arabia –...

Opinion – Monday 5 September 2016

The August Employment Report turned out to be something of a Goldilocks affair – not hot enough to further eliminate the risk of a September Fed move but not cold enough to instill serious doubts that the economy might be a slowing more broadly after the jolt from...