Opinion – Friday 8 February 2013

Equities were generally lower yesterday as comments from Central Bankers worried investors, triggering a fall in the Euro and a rise in Sterling. US data was a tad weaker than expected which provided investors with an excuse to take some money off the table after the...

Opinion – Thursday 7 February 2013

Today is a very important day as we have the ECB meeting this morning followed by the press conference from President Dragi at 1.30 pm. His last press conference caused the Euro to move up almost 300 points that afternoon and there is a lot of speculation going into...

Opinion – Wednesday 6 February 2013

Better market sentiment has seen both European and US Equity markets record solid gains yesterday as they reversed their sell extremes from Monday by having a buy extreme in most markets. The economic data also provided some support. Services PMI’s in January...

Opinion – Tuesday 5 February 2013

It is amazing how sentiment can change in 24 hours. What began yesterday morning as a rush by hedge funds to book profits in the Euro, in anticipation of some attempt by ECB President Dragi to check the rise in the Euro this Thursday, then turned into a larger...

Opinion – Monday 4 February 2013

The Non Farm Payrolls data and ISM Manufacturing data lifted equity sentiment on Friday with the Dow closing over 14000 for the first time in nearly 6 years. Stocks in the US rose from the open to close near multi-year highs. Whilst the headline print on payrolls was...

Opinion – Friday 1 February 2013

Equity markets lost ground again yesterday in the aftermath of the FOMC meeting with pressure continuing on the US Dollar ahead of today’s very important Non Farm Payrolls data. European markets lost ground early, weighed down by weak French and German spending...