Opinion – Wednesday 23 January 2012

Yesterday’s Bank of Japan meeting has been the main driver of market sentiment over the last 24 hours. The Yen has been the strongest currency performer whilst US Equity markets closed on a new 5 year high, helped by better earnings from Google and IBM ahead of...

Opinion – Tuesday 22 January 2013

Trading in Global markets has been thin and subdued with America closed yesterday for the Martin Luther King holiday. European stocks made further gains after some positive noises from the German Bundesbank. The German Central banks latest report said that a recovery...

Opinion – Monday 21 January 2013

Equity markets were initially weaker on Friday morning despite strong gains in Asia after better than expected China GDP numbers. Unexpectedly poor UK Retail Sales depressed the FTSE and a weak Michigan Consumer Confidence reading saw US Equities lower early in the...

Opinion – Friday 18 January 2013

The initial part of the European session yesterday was rather dour with markets drifting in and out of positive territory, not making any notable headway. That mood changed with the release of a way better than expected report on US Housing Starts for December and a...

Opinion – Thursday 17 January 2013

Equity markets continues to provide little overall direction for other asset classes. The recovery in Apple Shares yesterday helped the Nasdaq and S&P to a positive close. The markets were also helped by both Goldman Sachs and JP Morgan reporting street beating...

Opinion – Wednesday 16 January 2013

Major currencies were showing greater volatility than other asset classes yesterday. EUR/USD has taken up the mantle from USD/JPY and JPY crosses and has fallen hard after EU Finance Minister, Junker, described the 10% rally in EUR/USD in the past six months as...