Opinion – Tuesday 21 June 2016

The risk-on mood that developed early yesterday morning in Asia on the back of the weekend poll from the Sunday Mirror pointing to a swing back to the ‘Remain’ vote gathered more force yesterday, especially in European Markets. After a 2.34% rise in the...

Opinion – Monday 20 June 2016

Markets being what they are, last Thursday’s tragic news of the slaying of UK MP Jo Cox, campaigning on behalf of the ‘Remain’ side in front of Thursday’s EU Referendum, elicited a strong positive response in all things Sterling, as well as...

Opinion – Friday 17 June 2016

Yesterday’s fall in the Nikkei and strengthening of the Japanese Yen on the back of the Bank of Japan inaction and heightened concerns around the outcome of the UK EU Referendum set the tone to what turned out to be the most volatile trading session in four...

Opinion Thursday 16 June 2016

The US Fed kept its policy rate unchanged between 0.25% and 0.5% as expected, however the tone of the Statement and forecast revealed a more dovish stance. US Treasury Yields rallied, the US Dollar lost ground against most currencies and US stock failed to retain...

Opinion – Wednesday 15 June 2016

Markets had more tell-tale signs of higher volatility as the day closed yesterday, with ‘Brexit’ polls and fears dogging Sterling while equity markets were on the defensive. GBP/USD had broken down through 1.4150 and shortly after I posted yesterday...

Opinion – Tuesday 14 June 2016

Volatility is picking up ahead of the ‘Brexit’ vote next week with markets now moving in tandem with every new poll released. After I posted yesterday morning Sterling recovered on rumours that an incoming ICM poll for the Guardian newspaper that two weeks...