Opinion – Tuesday 13 November 2012

Markets, having been very quiet yesterday on the back of the Veterans Day Holiday, are a lot weaker this morning on European woes and the 0.9% contraction in Q3 GDP for Japan. At the latest summit in Europe EU Finance Ministers have given Greece until 2016 to cut its...

Opinion – Monday 12 November 2012

Friday was another wild day for the US Equity Markets with the S&P having a 25 handle rally off the low on better than expected Consumer Sentiment. However a late selloff, as the Fiscal Cliff worries continue along with the worsening European scenario, left the...

Opinion – Friday 9 November 2012

The ECB and BOE policy meetings came and went with no change to either policy rates. The BOE did not extend its current QE programme beyond the £375 billion that was completed this month even though there was some speculation that it would do so. Spain held a Bond...

Opinion – Thursday 8 November 2012

A sharp risk reversal commencing just before noon yesterday saw stock markets plunge and the US Dollar reverse earlier losses. This comes from a combination of rising Euro-Zone concerns and the rapid re-emergence of fears of the US Fiscal Cliff under the status quo...

Opinion – Wednesday 7 November 2012

President Obama has been reelected for another four year term but as this commentary goes out it is unclear if he has won the popular vote. The US Senate will be controlled by the Democrats and the House Of Representatives will be controlled by the Republicans who...

Opinion – Tuesday 6 November 2012

Investors are marking time at present awaiting the outcome of today’s US Elections. Most market commentary sees Mitt Romney as more business friendly and therefore preferred by Wall Street. However the challenger has said he will replace Chairman Ben Bernanke at...