Opinion – Friday 31 May 2013

US Equity markets rose yesterday whilst US Dollar sentiment faded after weaker than expected US Economic data was seen to support the Fed maintaining its aggressive stimulus measures. US Q1 GDP was revised lower to 2.4% from 2.5%, Weekly Jobless Claims rose 10k to...

Opinion – Thursday 30 May 2013

The big news overnight is the continued sell off of Japanese Equities which caused the Nikkei to end down 5.15%. Having closed at 13589 it represents an amazing 2500 point fall in the last week and it is on course for its first monthly decline in seven months. May has...

Opinion – Wednesday 29 May 2013

Back after the long weekend the Northern Hemisphere markets swung into action with the latest reading on US Consumer Confidence leading the way. It was another positive reading, this one from the Conference Board, confirming what was seen mid-month from the University...

Opinion – Tuesday 28 May 2013

Markets were quiet yesterday with holidays in the US and in the UK. European stock indices rose by around 1% despite the further weakness in the Nikkei.. However overnight the Nikkei is up 600 points off its intra-day low from yesterday morning which is helping...

Opinion – Monday 27 May 2013

After the increase in volatility through mid-week, markets closed little changed on Friday with major European markets lower by 0.25%-0.5%. In the US, the Dow closed fractionally higher with both the S&P and Nasdaq ending the day marginally lower. There was some...

Opinion – Friday 24 May 2013

It has been a very wild ride for Equity, Bond and Currency markets over the past 48 hours. After the confusion over Fed QE Policy from Bernanke’s dovish testimony transcript and then his hints of tapering in his Q+A, Asian market volatility soared. Japan was at...