Opinion – Thursday 22 January 2015

The Bank of Canada is the latest Central Bank to deliver a shock by cutting its main Policy Rate to 0.75% from 1% in a move which none of the 22 analysts surveyed had anticipated. Saying that the collapse in Oil prices will slow inflation and weigh on the economy,...

Opinion – Wednesday 21 January 2015

There is a clear trend developing in global equity markets where expectations for monetary stimulus in Europe are driving stocks higher whilst the prospect, or possibility, of Fed tightening combined with worries over corporate earnings are depressing US share values....

Opinion – Tuesday 20 January 2015

Yesterday, for the first time in over a week almost every currency traded on the same big figure as it did last Friday. In part this is explained by the public holiday in the US which shut all markets there. However a general lack of fresh news and a very defensive...

Opinion – Monday 19 January 2015

Nothing could be clearer than the current economic and policy divide between the US and Europe. As the Fed ponders rate lift-off and US Consumer sentiment hits its highest level for 11 years, the ECB last week has been putting together a QE plan that will get some...

Opinion – Friday 16 January 2015

After I wrote my commentary yesterday morning  the Swiss National Bank shocked the world when it announced it would remove the cap it had in place to prevent the Swiss Franc from rising too high against the Euro. Here’s what that means and what it’s all...

Opinion – Thursday 15 January 2015

There has been some significant price action in Commodities to report over the past 24 hours. Yesterday morning Asian LME Metals went into free-fall on the back of no apparent news other than playing catch up with what we have already seen in Oil prices. This led to...