Opinion – Wednesday 23 September 2015

It’s a bit of pick and mix for explanations regarding market moves in the last 24 hours. There has been no top tier economic data, no new speeches, or surprises. But, Equities tumbled, Commodities are soft, Bond Yields are lower and the USD has regained its strength....

Opinion – Tuesday 22 September 2015

Not a massive 24 hours for price action on the currency markets, but what we did see was signs of a little further strength in the USD. Dennis Lockhart, Atlanta Fed President and voter in 2016 (not this year) suggested the Fed’s delay from tightening at the Sept...

Opinion – Monday 21 September 2015

I am not sure this was the reaction the Fed were looking for when they decided to pause and give a shout out to the struggling Emerging Markets economies and global economic risks. Markets decided on Friday, in the European and US sessions (Asia, not so much) that...

Opinion – Friday 18 September 2015

The time arrived but the Fed couldn’t bring itself to raise rates for the first time since the Financial Crisis. In a hugely anticipated FOMC meeting, the market had priced just over a quarter percent chance of a hike, while 50% of economists expected a move, but they...

Opinion – Thursday 17 September 2015

Another relatively calm and comfortable session heading into the FOMC meeting. I’d like to think the same could be said this time tomorrow, but am far less convinced about that. With markets and economists split on the outcome, something will move if the Fed does, or...

Opinion – Wednesday 16 September 2015

Do It Already is the headline of a Bloomberg article today, but mirrors the sentiment in articles across the press and the discussions on all trading floors. Markets are like rabbits in spotlights, uncertain as to which way to shift, just in case there is a move by...