Opinion – Wednesday 20 August 2014

It was a very sweet combination of US data that drove stocks and the US Dollar higher yesterday but without dislodging the US Bond Market. Housing activity has rebounded strongly in July whilst CPI has remained tame. Following on the heels of a positive report from US...

Opinion – Tuesday 19 August 2014

Yesterday you would be forgiven for thinking that perhaps there was a long weekend in many parts of the world. Well it is just August, with many traders taking the last of their summer holidays. There is also very limited newsflow and markets are behaving as such, but...

Opinion – Monday 18 August 2014

A combination of some disappointing US data but more especially ‘newswire’ headlines, during early Friday afternoon, claiming that Ukraine troops had destroyed part of a Russian convoy ensured a down day for European stocks, a mixed day for US Equities and...

Opinion – Friday 15 August 2014

Euro-Zone GDP recorded no growth in June but nonetheless was close to expectations with the zero outcome and only just below the median 0.1% forecast. The Euro did not lose ground after the release, indeed it had a brief rally towards 1.3400 as there were fears of a...

Opinion – Thursday 14 August 2014

Equity markets gained ground yesterday, despite another run of soft data, seemingly pleased that weak activity means that Monetary Policy will remain very accommodative for some time and in China’s case more stimulus may be required. US Retail Sales were flat in...

Opinion – Wednesday 13 August 2014

A cautious mood was prevalent in yesterday’s markets with geo-politics and a weak German ZEW Survey the dominant drivers. Geo-Political flashpoints garnering most attention include cynicism regarding the Russian aid convey bound for Eastern Ukraine, an...