Opinion – Thursday 9 October 2014

We had some quite explosive price action in the last 24 hours with a lot of the movement coming after the publication of the September FOMC Minutes were released which has seen US Equities close 1.8% higher, US 10 Year Treasury Yields fall 9 bps to 2.30% and the US...

Opinion – Wednesday 8 October 2014

Yesterday, markets looked to be searching for reasons to take risk off the table as they factored in the reality of a slowdown in global growth and the, still present, geo-political risks. They found it in the form of another downside data surprise from Germany with...

Opinion – Tuesday 7 October 2014

Profit taking on the US Dollar has been the big theme over the last 24 hours which has seen the Dollar Index stronger by over 1.0% with all G10 major currencies seing gains against the Greenback. The Euro led the charge as it moved from 1.2520 yesterday morning to...

Opinion – Monday 6 October 2014

Last Friday’s Non Farm Payrolls Report was strong in just about every respect, bar one, Hourly Earnings which was flat. The Payroll Report showed a combination of strong growth without any wages inflation scare, the sweet combination that equity markets love and...

Opinion – Friday 3 October 2014

The ECB and developments in Hong Kong have dominated the headline and intra-day market price action over the last 24 hours, the latter more so than the former. US stock markets recovered to close flat on the day, having being lower earlier in the trading session...

Opinion – Thursday 2 October 2014

Equity markets got hit hard on both sides of the Atlantic in yesterday’s trading as markets again re-focused on geo-politics with Hong Kong pro-democracy protests continuing during their two day Public Holiday. The Dow closed down 238 points or 1.4% and in the...