Opinion Tuesday 8 September 2015

With the US markets closed for the Labour Day Holiday and not a lot of economic data elsewhere, it was a relatively quiet past 24 hours. Market moves were somewhat restrained, awaiting guidance from the upcoming FOMC meeting (next week) and how China’s economy deals...

Opinion Monday 7 September 2015

  In the wake Friday’s US Employment Report that overall could be judged to be consistent with the FOMC’s stated desire to see ‘some further improvement in the labour market’, risk markets took fresh fright. Equities, EM FX and commodity currencies were all weaker and...

Opinion Friday 4 September 2015

The Euro ended yesterday’s volatile trading session weaker and the US Dollar a touch stronger thanks to ECB President Draghi banging the drum about QE, the ECB staff downgrading their Euro-Zone growth and inflation forecasts and a pretty comforting set of US data....

Opinion – Thursday 3 September 2015

A more measured last 24 hours trading saw Equity markets recover some of Tuesday ‘s losses. Shanghai finished down small yesterday (-0.2%) ahead of a four day long weekend to mark China’s victory in WWII and while European Bourses had something of a see-saw day closed...

Opinion Wednesday 2 September 2015

Things aren’t really getting better. The circular theme of markets continues, with equities weakening, weighing on broader risk, weighing on currencies, weighing on equities. And so it goes. While the Fed waits to decide to raise rates, this is not helping the Global...

Opinion Tuesday 1 September 2015

Equity markets harboured something of a defensive tone, but the Oil market kicked higher again on the little to no fundamental news, signs of a classic short squeeze. There were reports of an OPEC bulletin indicating some preparedness to talk to other producers to...