Opinion – Tuesday 17 February 2015

The Euro stands as the worst performing currency over the past 24 hours, while the Japanese Yen outperformed. For the Euro, it was the breakup of the Euro-Zone Finance Ministers Meeting in Brussels that failed to come to any mutual agreement with Greece over its...

Opinion – Monday 16 February 2015

With the US markets closed today for the President’s Day Holiday, markets are having a quiet start to the new trading week. Upside surprises in German and then Euro-Zone Q4 GDP at +0.7% and +0.3%, respectively, which occurred before the ECB’s Eur60bn per month QE...

Opinion – Friday 13 February 2015

As I reported very late in my commentary yesterday morning Ukraine and Russia agree on a ceasefire accord to take effect from Sunday in a marathon meeting in Minsk, Belarus between PM Poroshenko, Putin, Merkel and Hollande. No one knows whether the ceasefire will be...

Opinion – Thursday 12 February 2015

As yesterday was a very quiet day on the economic front all attention turned to Brussels to see if the Euro-Zone Finance Ministers could reach an agreement on Greece. After many different rumours the European Finance Minister decided to put off any decision on the...

Opinion – Wednesday 11 February 2015

A combination of Oil price volatility and ongoing Greek headline volatility looks to be driving intra-day swings in markets. The Canadian Dollar sits at the bottom of the G10 FX Board over the past 24 hours, on a combination of the latest slippage in Oil to the $50...

Opinion – Tuesday 10 February 2015

Markets have been quite orderly over the past 24 hours. In currency markets, the US Dollar has eased back somewhat, with the US Dollar Index closing down 0.25% after last Friday’s Payroll-inspired rebound. Greek headlines continue to garner some media coverage –...