Opinion – Wednesday 17 August 2016

Yesterday was a trading day that saw US stocks, Bonds and the US Dollar all decline, after Fed Officials stoked speculation over interest-rate increases despite evidence of uneven growth in the World’s largest economy. The S&P 500 Index retreated from a record...

Opinion – Tuesday 16 August 2016

Europe had a very quiet trading session with many Continental Countries observing Assumption Day. The EuroStoxx 600 Index ended the day flat while the FTSE 100 continued its recent advance by closing 0.36% higher helped yet again by a weaker Sterling which closed at a...

Opinion – Monday 15 August 2016

The previous Friday’s strong US Payrolls Report has become a somewhat hazy memory after a much softer than expected Retail Sales Report on Friday that challenged prevailing confidence that the US consumer has entered Q3 in rude health. In truth, the flat...

Opinion – Friday 12 August 2016

When the world did not end on the 31st of December 1999 the Dow Jones, S&P 500 and the NASDAQ all closed the Century making new record highs. Today sixteen years and 225 days later all three Indices have done it again, closing simultaneously at new record highs...

Opinion Thursday 11 August 2016

After the New York close last night the New Zealand Central Bank was the latest CB to cut Interest Rates when it announced a 25 basis point cut to its OCR Rate in an attempt to weaken the New Zealand Dollar. However this rate cut was 100% priced in and as I go to...

Opinion Wednesday 10 August 2016

Apart from the DAX which closed 2.5% higher, yesterday was neither strongly risk-on nor risk-off, while the US Dollar sold off during the New York trading session. Chinese Consumer and Producer Inflation for July came and went without any market fanfare, with the...