Opinion – Wednesday 20 January 2016

In markets, tentative sign of life in global risk sentiment were snuffed out yesterday on what was another dramatic 24 hours of trading with the likes of the S&P 500 seeing a morning rally of more than 1% reversed in the last hour to close flat after another 25...

Opinion – Tuesday 19 January 2016

With US markets closed in observance of Martin Luther King Day, the relatively quiet trading session yesterday is probably not reflective of the current collective mood. Hence Super Tuesday is all about China which has the potential to set the mood for the rest of the...

Opinion – Monday 18 January 2016

In a redux of the previous Friday, slumping oil prices were the primary catalyst for the latest pressure on Commodity and Emerging market currencies and global risk assets, alongside safe-haven support for Treasuries. The difference relative to 8 January is that the...

Opinion – Friday 15 January 2016

In terms markets, where are we now? Well, yesterday when I posted investors were still worried about another equity rout notwithstanding the relative stability in Chinese equity markets. European stocks had a terrible start following news that Renault had been raided...

Opinion – Thursday 14 January 2016

A segue to today’s note is that the US Dollar has risen for the third successive day. The FT has a piece this morning titled ‘Dollar’s ascent enters autopilot mode’ in which it features a flag-laden graphic showing that with the exception of the Yen, the US Dollar is...

Opinion – Wednesday 13 January 2016

‘Under Pressure’ was a particularly apt title by way of homage to the late great David Bowie especially the way the World Equity markets have started the year. It is equally appropriate this morning in the context of the WTI oil price that has traded below $30 for the...