Opinion – Tuesday 18 June 2013

Equity markets ended the day in positive territory but well off session highs led by strong US Economic data. The US Empire Manufacturing data jumped back to a positive reading of 7.84 from -1.43 in May, followed by the NAHB Home Builders Index of Buyer Sentiment...

Opinion – Monday 17 June 2013

FX and markets in general ended the week with more of a whimper than a bang with no dramatic surprises from the US Economic calendar after the drama over the previous 3 days. US Equities gave back half of Thursday’s gains with the S&P 500 and the Dow both...

Opinion – Friday 14 June 2013

Another volatile day in the currency and equity markets yesterday as stock markets reversed early weakness to close substantially higher on the day. The Dow, having been down 120 points at one stage, closed 180 points higher whilst the S&P had an incredible 42...

Opinion – Thursday 13 June 2013

Markets traded with a continued risk averse tone yesterday reflected in a further significant move higher in the VIX Index which rose over 9% for the second day in a row and now stands at 18.5 from a low of 12 four weeks ago. The US Equity markets fell for the third...

Opinion – Wednesday 12 June 2013

Well all changed yesterday for market volatility after Monday’s very quiet session, with the VIX rising over 9%. This came in the wake of Japan leaving it’s asset purchase programme unchanged and the unrest in Turkey, which has led to a fall of over 20% in...

Opinion – Tuesday 11 June 2013

The US Equity Markets consolidated their Friday gains yesterday on very low volume in light of the absence of any economic news. The Dow finished flat having been up over 50 points at one stage. The markets were up initially on comments from the Fed’s Bullard...