Opinion – Tuesday 3 December 2013

The prospect of the Fed beginning to taper its QE Programme in December seems to be back on the cards, at least as far as the markets are concerned, because US data was solid yesterday. The Dow closed down 0.3% whilst European Equities also ended the day lower. US...

Opinion – Monday 2 December 2013

The US Equity markets ended the week on a slightly weaker tone after US Retail Holiday Sales rose 2.3% to be in line with a prediction for the weakest Holiday results since 2009. Sales at brick-and-mortar stores on Thanksgiving and Black-Friday rose to $12.3 billion...

Opinion – Friday 29 November 2013

Yesterday was one of the quietest trading sessions of the year to date caused mainly by the US markets closed for Thanksgiving. As a result the only news of note happened in Europe. The Bank of England Governor Mark Carney took action to restrain the UK’s house...

Opinion – Thursday 28 November 2013

European stock markets had their biggest climb in two weeks as the Consumer Confidence Index rose more than expected, to 7.4  versus 7.1 last month. The conflict in US data continued again as Durable Goods Orders dropped in October pointing to a slowdown in US...

Opinion – Wednesday 27 November 2013

The Dow and S&P both closed flat yesterday whilst the NASDAQ rose 0.6%.The US had conflicting data releases with Building Permits jumping to their highest level in more than five years signaling the US Real Estate market will strengthen in 2014. Applicants for...

Opinion – Tuesday 26 November 2013

The S&P 500 Index fell yesterday, after seven consecutive weekly gains that lifted it to a record high, as energy shares retreated following Iran’s agreement to limit its nuclear programme. The S&P fell 0.1% to 1802.50 erasing earlier gains of 0.2%...