Opinion – Friday 15 April 2016

Risk sentiment took a breather after I posted yesterday morning, without going into reverse. Even so, the AUD took centre stage, trading at the door of 0.77 against the US Dollar, having tested above that figure during the New York trading session, after doing a lot...

Opinion – Thursday 14 April 2016

Risky assets have continued to benefit from an improvement in sentiment. Bank stocks have led the surge in equity markets and most commodities have also enjoyed some gains, despite a pullback in oil prices and Gold. The US Dollar is broadly stronger with safe haven...

Opinion – Wednesday 13 April 2016

The 3% rally in oil helped propel European and US Indices higher thus reversing the previous three day minor selloff in the Dow with the market closing near its finishing levels from last Wednesday. The small rally in USD/JPY which closed last night over 108.60 was...

Opinion – Tuesday 12 April 2016

Yesterday was a mixed trading session for global equities while commodities traded higher. European markets ended the day in positive territory boosted by Italian banks following hopes of a Government support package while in the US, equity Indices erased earlier...

Opinion – Monday 11 April 2016

After another volatile US equity market trading session on Friday which saw US stocks recover some of Thursday’s losses, Bond Yields pushing back higher, while the US Dollar was again softer across the board. The speculative Futures Market is now short US...

Opinion – Friday 8 April 2016

Yesterday was a distinctly ‘risk off’ trading session with US stock Indices closing 1% or more lower as financial stocks again took the worse beating with the S&P Banks Sub-Index closing down 2.75%. Increased dissolution about what Central policies...