Opinion – Tuesday 23 February 2016

European and US equity markets started the week in a positive tone boosted by a commodity led improvement in risk sentiment. Oil prices surged higher with Brent and WTI closing up 5.3% and 7.8% at $34.77 and $31.94 respectively following the IEA release of its Medium...

Opinion – Monday 22 February 2016

All eyes will turn to Shanghai next weekend when the G20 Summit starts on Friday. While we might hope for some assurances from Central Banks that they are not engaging in a race to the bottom on negative interest rates and that the Fed is not going to risk further...

Opinion – Friday 19 February 2016

In the wake of yesterday’s weaker than expected Employment Report, the AUD/USD traded lower to 0.7110 from 0.7180 which has so far proven to be a base in a narrow trading range, with particular ground broken on the top or low side. LME base metal prices were...

Opinion – Thursday 18 February 2016

The market has turned ‘risk on’ after I posted 24 hours ago with Commodity and Emerging Market Currencies back in favour for once, helped by the huge rise in oil prices on comments from Iran’s Oil Minister welcoming the prospect of cooperation...

Opinion – Wednesday 17 February 2016

The Global Equity rally that began last Friday has started to show signs of fatigue. Equity markets have had a mixed trading session yesterday, with most European Indices ending marginally lower while US Indices closed up between 1.4% and 2.25%, partly paying catch up...

Opinion – Tuesday 16 February 2016

Global Equity markets extended their Friday rally helped along by a strong lead from Asia. ECB President Dragi complemented the positive mood by yet again hinting at the possibility of further stimulus ahead at its upcoming March 10 Meeting, while the continuing...