Opinion – Friday 12 July 2013

Stock markets have continued from where they left off on Wednesday, still digesting Ben Bernanke’s strong message that he expected that ‘highly accommodative monetary policy’ would be needed for the foreseeable future. This should not have been news to the market...

Opinion – Thursday 11 July 2013

Equities spent most of the day in the red but spiked after the release of the Fed’s Minutes from the last FOMC meeting. They then fell again before stabilizing ahead of Bernanke’s speech in Boston after which they went crazy with US Equity Futures markets...

Opinion -Wednesday 10 July 2013

Equity markets finished the day higher with sentiment boosted by a good start to the US earnings season after Alcoa beat market expectations. European markets finished up 0.8% whilst US markets averaged a 0.6% gain. The gains came despite a downgrade to the growth...

Opinion – Tuesday 9 July 2013

Equity markets made further gains yesterday with US markets up 0.5% and European markets up 1.4%. Europe had a bit of catching up to do after the gains in the US on Friday but were supported by better news for Greece and Portugal. The European meeting of Finance...

Opinion – Monday 8 July 2013

The US Equity Markets continued their recent good run after Friday’s Non Farm Payrolls beat expectations, rising by 195k versus 165k expected and with upward revisions worth 70k in April and May. The Unemployment Rate remained at 7.6% whilst average hourly...

Opinion – Friday 5 July 2013

Yesterday the Bank of England departed from it’s previous ‘pre-Carney’ approach and issued a detailed statement despite leaving Bank Rate and the £375 billion Asset Purchase Programme unchanged. The Bank said that the implied rise in the expected...