Opinion – Thursday 17 July 2014

Equity markets had a positive session yesterday supported by yesterday’s Chinese growth numbers and also a 15% jump in Time Warner shares after it rejected the takeover bid by 21st Century Fox. The Dow rose 0.5% to a new record close of 17,138 whilst the...

Opinion – Wednesday 16 July 2014

Acknowledgement of the economic realities seeped into Fed Chair, Yellen’s, vocabulary yesterday. Meanwhile the tangled tentacles of Portugal’s troubled bank, BES, are keeping things subdued there. European equities were down sharply whilst US stocks, other...

Opinion – Tuesday 15 July 2014

Yesterday was a deathly quiet trading session with very little for markets to move on. Investors seem to be bracing themselves for the main events later today, in particular Fed Chair, Yellen’s, speaking engagements in front of the US Congress and Senate this...

Opinion – Monday 14 July 2014

Nothing new on the Portuguese Bank (BES) front over the past few days, apart from an outgoing Board Member calling for management change after last Thursday’s missed Bond payment that unseated markets. Friday saw European stock markets rebound by 0.2% whilst the...

Opinion – Friday 11 July 2014

Global Markets have been rocked by the news of the suspension of share trading in Portugal’s Banco Espirito Santo (BES). The suspension follows a missed debt payment which has raised fears of a broader contagion across Portuguese financials. It also follows...

Opinion – Thursday 10 July 2014

Yesterday, US Equities recouped half of Tuesday’s losses whilst dragging European Equities back into the black, as a result. US Bond Yields closed down 5 basis points from their intra-day highs to stand slightly lower on the day as the US Dollar continues to...