Opinion – Wednesday 26 June 2013

European Equity markets staged a nice rally yesterday helped  by soothing words from the Peoples Bank of China who announced they would keep interest rates in a reasonable range. PBOC spokesman, Ling Tao, saying that the recent interest rate volatility was temporary,...

Opinion – Tuesday 25 June 2013

Further losses in equity markets continued yesterday with European Equities down 1.5% whilst the Dow and S&P both lost 1.2%. It followed the large falls in Asia, highlighted by the 5.3% fall in the Shanghai Composite, it’s biggest one-day fall in three...

Opinion – Monday 24 June 2013

After last weeks contuinued volatility European Equities finished the week on their lows whilst the US market, having also been down for most of Friday, managed to stabilise and eek out a small gain. Commodities were mixed whilst US Treasury Yields continued to rise...

Opinion – Friday 21 June 2013

It has been a dreadful 48 hours for investors as the Dow Jones Industrial Average has lost over 550 points in that time, it’s worst two days since last November, as the fall-out from the Fed’s prospective tapering of QE continues. Fed Chairman, Bernanke,...

Opinion – Thursday 20 June 2013

Despite an FOMC statement which made no direct reference to scaling back on the current pace of FED balance sheet expansion, the revisions to the FOMC’s central tendency forecast for the unemployment rate put markets on notice for some guidance from Fed Chairman...

Opinion – Wednesday 19 June 2013

Yesterday was a measured day for the markets with little headway in currencies as participants wait on the sidelines ahead of the very important FOMC announcement tonight with the Fed needing to grasp the nettle and map out a path towards the tapering of QE. Speaking...