Opinion – Wednesday 30 March 2016

Fed Chair Janet Yellen has reiterated her views that it is appropriate for the Fed to ‘proceed cautiously’ in raising interest rates given the current uncertain global economic and financial environment. In a speech to the Economic Club of New York, Ms...

Opinion – Tuesday 29 March 2016

Before the official start of the four – day Easter break, there was a bit of good news about the US economy, courtesy of an upward revision to Q4 GDP, from 1.0% to 1.4% which was driven by an upward revision to consumer spending to 2.4% from 2.0%. Fast forward four...

Opinion – Thursday 24 March 2016

Yesterday saw a sell-off in commodity currencies, with the Australian Dollar feeling the brunt of the selling closing down a hefty 1.30% versus the US Dollar to finish at the bottom of the G10 FX Leader board, in the face of weaker commodity prices, somewhat jittery...

Opinion – Wednesday 23 March 2016

Markets yesterday took their initial direction from the bombings in Brussels and the railway station, a catalyst for a mild risk-off market tone. Euro Bond markets were initially bid, with the Euro losing half a cent, while Sterling got hit hard on the fear that the...

Opinion – Tuesday 22 March 2016

It was a quite start to the holiday shortened week with European Equities closing marginally lower while US stocks have ended marginally higher. Other markets were also quiet, however we did have two Fed officials suggesting Fed hikes could be coming sooner rather...

Opinion – Monday 21 March 2016

Following a tumultuous Wednesday and Thursday, markets went out with something of a whimper on Friday. Stocks continued to rally in both Europe and the US, while Treasury Yields extended their post – FOMC falls. The US Dollar rallied small with every G10 currency...