Opinion – Friday 7 December 2012

The US and European Equity markets were quiet to firm ahead of today’s Non-Farm Payrolls but the big news is the weakness of the Euro. The ECB cut its growth and inflation forecasts for the Monetary Union and President Dragi said yesterday, at his press...

Opinion – Thursday 6 December 2012

The markets had a wild ride yesterday as Apple shares continued to fall, leading to a 6.5% or $38 drop in their share price. The other US Indices followed suit only to turn on a dime amid optimism that US Lawmakers will reach a Budget settlement this month. The Euro...

Opinion – Wednesday 5 December 2012

Yesterday was a another quiet day as US Equities continue to languish with no indications that US Lawmakers are anywhere near a compromise on the spending cuts and revenue increases that will avoid the worst excesses of the Fiscal Cliff. The US Dollar is weaker across...

Opinion – Tuesday 4 December 2012

Markets ended weaker yesterday after an unexpected contraction in US Manufacturing. The ISM Manufacturing Index fell to 49.5 in November, below market expectations of 51.4, from 51.7 in October. The ISM claimed that concerns about the Fiscal Cliff drove the decline...

Opinion – Monday 3 December 2012

US Equity markets traded flat on Friday, in a very narrow range, as US policy makers continued to trade barbs over the lack of progress on Fiscal Cliff negotiations and US data was slightly weaker than expected. The German Parliament voted 473-100 to approve the new...

Opinion – Friday 30 November 2012

Equities and commodities were generally higher but more so in Europe than in the US where confidence has been dented by the Fiscal Cliff worries. US House Republican leader John Boehner said that the President needs to ‘get serious’, a comment that sent...