Opinion – Friday 13 June 2014

Today is Friday the 13th and the geopolitical news is not good. Tensions and factional fighting have risen in Iraq, pulling in Turkey, Iran and possibly the US. There is also talk of a re-escalation in Ukraine which has damaged Equity markets on both sides of the...

Opinion – Thursday 12 June 2014

There is finally a whiff of ‘risk off’ in the markets as evidenced by lower stock indices across the US and Europe, a small retracement of the recent step up in US Treasury Yields and weaker Emerging Market Currencies, led by the Turkish Lira (.+2%) and...

Opinion – Wednesday 11 June 2014

Whilst not all the market activity has been one way, it has likely benefited to some extent by better than feared business confidence and in a global market environment of low volatility at near post Global Financial Crisis (GFC) lows. The Euro/USD underperformed...

Opinion – Tuesday 10 June 2014

On a day of very little news, US stock markets rose with bench indices extending their record highs. Small Cap shares rallied, helped by Family Dollar Stores Inc which rose 13% as it became known that the well known investor, Carl Icahn, had amassed 9.4% of the stock....

Opinion – Monday 9 June 2014

US Stock markets again closed at a new all time high as the Dow and S&P500 were both 0.5% higher after the US Labour Department reported on Friday that the US Economy had created 217k new jobs for May on top of the revised 282k Jobs created in April. The...

Opinion – Friday 6 June 2014

The long awaited economic stimulus package from the ECB was announced yesterday to great anticipation. Mr Dragi had been promising something for a long time and had failed to deliver so expectations were high. The package announced is undeniably positive for European...