Opinion – Friday 19 April 2013

Financial markets continue  to exhibit a negative tone but equities appear to be stabilising after nearly two weeks of losses. Yesterday the German market was soft, the Dax was down 0.4% with Germany seen as more vulnerable to global growth problems because of its...

Opinion – Thursday 18 April 2013

After I wrote yesterday’s commentary, rumors of a downgrade of German debt sent the European equity markets sharply lower with the Dax leading the way by falling 2.3% – it is now down for the year. These heavy falls in European bourses flowed into US...

Opinion – Wednesday 17 April 2013

European equity markets all finished lower yesterday hit by a variety of factors but the US Indices were more positive and rallied into the close to end the day with some nice gains. A poor ZEW-Survey in Germany (which fell to 9.2 from 13.6 the previous month) weighed...

Opinion – Tuesday 16 April 2013

Reaction to yesterday’s disappointing Chinese Q1 GDP and March Activity Data was marked by losses in equity markets, commodities and a sharp retracement in AUD/USD. European equities lost an average of 0.7% but US stocks took more of a hit later in the session...

Opinion – Monday 15 April 2013

A triple whammy of weaker than expected US Economic data released on Friday, namely Retail Sales, Consumer Sentiment and PPI brought a 5 day US stock market rally to a halt although an afternoon recovery meant the Dow closed flat whilst the S&P and the Nasdaq...

Opinion – Friday 12 April 2013

We had less dramatic moves in global markets yesterday than we had on Wednesday, but yet more new highs for US Equities following another stellar performance by European Equities. Benchmark Bond Yields (US and Germany) are a little lower whilst in Commodity Markets...