Opinion – Friday 5 February 2016

Some slowing in the US economy in the last year, higher credit spreads and tighter financial conditions has seen the market back out pricing for Fed Rate rises this year. This theme continued yesterday with Fed Funds Futures now not pricing in the next Rate hike until...

Opinion – Thursday 4 February 2016

Another volatile trading session with the Dow reversing an earlier 200 point loss to close 1.13% higher helped in no uncertain terms by the move in the US Dollar where Foreign Exchange markets had their biggest day of the year so far. The US Dollar was dumped quite...

Opinion – Wednesday 3 February 2016

West Texas Intermediate Oil fell over 5% yesterday on top of its 6% fall on Monday with Brent declining in tandem, sentiment not helped by BP’s Earnings results. The fall in oil really hit stock markets on both sides of the Atlantic with European stocks...

Opinion – Tuesday 2 February 2016

Last Friday’s BoJ powered equity rally stalled yesterday with disappointing data releases and fading hopes of output cuts in oil weighed down on sentiment. Yesterday’s disappointing PMI reading from China set the tone for the start of the European trading...

Opinion – Monday 1 February 2016

Last Friday’s sharp move in global risk sentiment sparked by the Bank of Japan’s largely unexpected decision to join the ECB, Danish and Swiss National Bank’s and Sweden’s Riksbank, in taking interest rates into negative territory extended...

Opinion – Friday 29 January 2016

Earlier this morning the Bank of Japan at its Monthly Meeting surprised markets by announcing a negative Interest Rate policy by charging interest for excess reserves that financial institutions park with the BOJ. The interest rate charged for these reserves will be a...