Opinion – Thursday 19 December 2013

The US Federal Reserve last announced that it was starting to taper its QE Programme leading to one of the most volatile two hours of trading that we have seen so far this year in every asset class. The FOMC announced a reduction in the purchase of Treasury and...

Opinion – Wednesday 18 December 2013

Notice: Apologies for not getting access to today’s post before now. We didn’t realise that there were problems with our web provider in relation to today’s opinion being updated on the site. So finally we have arrived at D-Day with the Fed in the...

Opinion – Tuesday 17 December 2013

Speculation that the Fed will start tapering this week continues to grow but equity markets shrugged off these fears posting strong returns on both sides of the Atlantic. The Dow and S&P managed to close up 0.8% and 0.65% respectively whilst European markets were...

Opinion – Monday 16 December 2013

The week ended with more of a whimper than a bang as markets hunker down ahead of the Wednesday’s Fed decision and penultimate post-Bernanke press conference. Friday ended the day little changed despite a fairly volatile trading session as traders try to...

Opinion – Friday 13 December 2013

The US Dollar rose across the board yesterday as markets priced in the improving chance that the Fed will finally start to taper at their FOMC Meeting next week. The Dollar Index rose 1/2% whilst Equity markets ended the day lower with all the major stock markets...

Opinion – Thursday 12 December 2013

Stock markets were generally weaker across the board yesterday with a variety of news weighing them down but the underlying tone continues to be  risk averse in the run up to the Fed’s final FOMC Meeting of the year next week. The S&P fell 1.1% yesterday...