Opinion – Thursday 31 January 2013

Global Equity and Bond Markets were left somewhat flat footed yesterday after the initial estimate of US Q4 GDP which surprised to the downside with a 0.1% contraction, thus joining Europe and Japan in confirming that the developed world contracted in the final...

Opinion – Wednesday 30 January 2013

The Markets continue to trade quietly higher as we wait for the FOMC this evening which will be announced at 7.15 pm, our time. The Euro has stalled at the psychological 1.3500 level and now having retraced 50% of the fall from 1.4940 in May 2011 to 1.2040 July 2012....

Opinion – Tuesday 29 January 2013

Consolidation was the name of the game as far as equities were concerned with the US in particular already at 5 year highs and US data released yesterday somewhat mixed. Pending Home Sales surprisingly fell in December by 4.2% whilst Durable Goods Orders rose by a...

Opinion – Monday 28 January 2013

Equity markets in Europe continued to power ahead after the better than expected IFO Survey from Germany was reported on Friday. European markets are now back near 6 year highs and despite the very weak GDP no from the UK which fell 0.3% for December, putting the UK...

Opinion – Friday 25 January 2013

Yesterday was a very interesting day with generally better news in the key economic reports in Europe and the US. It was another ‘risk on’ day despite the 11% fall in Apple Shares, with US Treasury Yields rising on the unexpected low number in the US...

Opinion – Thursday 24 January 2013

Yesterday was a relatively settled risk on day with Equities ending the day higher, helped by the US House voting to suspend the Debt Ceiling until May 19th and the IMF only marginally cutting its Global forecasts. In their latest World Economic Outlook forecast...