Opinion – Monday 17 December 2012

US Equity markets ended weaker on Friday night as the lack of progress in the Fiscal Cliff negotiations continues to frustrate markets. With just two weeks to go, House Speaker John Boehner’s proposal for tax rate increases on incomes over $1million in exchange...

Opinion – Friday 14 December 2012

Markets ended the day in the US on their lows despite good Economic data as the focus returned to the Fiscal Cliff after Wednesday’s FOMC meeting. Republican House Speaker Boehner said that President Obama is only focusing on tax hikes and is not serious about...

Opinion – Thursday 13 December 2012

Markets ended the day stronger after the FOMC Meeting last night. The US Federal Reserve announced it would start buying $45 billion of long term US Treasury Bonds each month to replace the expiring Operation Twist program where the Fed has been buying $45 billion of...

Opinion – Wednesday 12 December 2012

Markets ended the day on a positive note after a rise in German investor confidence and some improved optimism that progress is being made to advert the US Fiscal Cliff. The German ZEW Survey rose to +6.9 from -15.7 in November, well above expectations of -11.5. The...

Opinion – Tuesday 11 December 2012

Markets ended up making small gains yesterday despite some early weakness as markets responded to the weekend’s news that Italian Prime Minister, Mario Monti, would step down. European Markets lost ground early, the Italian FTSE, the MIB was down 3.8% at one...

Opinion – Monday 10 December 2012

Equity markets ended the week mostly higher. US Payrolls rose 146k in November easily exceeding the 85k consensus expectation as the US Labor Dept said Hurricane Sandy did not substantially impact the data. The Unemployment Rate fell to 7.7% – the lowest level...