Opinion – Thursday 14 July 2016

Equity markets which have been on a tear to the upside are finally starting to show some signs of fatique. After making new record highs on Tuesday, the S&P and Dow have struggled to make new gains while in Europe the EurStoxx Index closed in negative territory...

Opinion – Wednesday 13 July 2016

Risk assets had another positive day boosted by the prospects of a new round of stimulus in some major economies and the removal of at least one source of UK political uncertainty. The renewed bout of optimism has also been helped by better data releases in recent...

Opinion – Tuesday 12 July 2016

Anna Leadsom has stood down as a candidate for leadership of the UK Conservative Party, paving the way for Home Secretary Theresa May to be the next Prime Minister, expected to be formally installed tomorrow after PM Cameron’s resignation. Speaking to reporters...

Opinion – Monday 11 July 2016

The US Non-Farm Payrolls headline rise of 287K comfortably exceeded the 180K expectation but at the same time was not backed up by the subsidiary details in the report with the Unemployment Rate higher, small net downward revision to the prior two months Payrolls and...

Opinion – Friday 8 July 2016

It was an eventful news day for the AUD yesterday, even if the currency was little changed, and is not breaking new ground this morning, with the  S&P Ratings Agency yesterday changing the outlook on Australia’s AAA rating from stable to negative. They cited...

Opinion – Thursday 7 July 2016

Genesis 1973 album laments the loss of English folk culture and increasing American influence. 43 years on, England can now have back as much of the former as it cares for, but has to hope it can look forward to even more of the latter. The Pound meanwhile continues...