Opinion – Friday 19 October 2012

The US Dollar has rebounded across the board after a 10% slump in Google shares after a big earnings miss and a bungled early release of its earnings report. The sentiment on Wall Street was not helped by an unexpected jump back up in Weekly Jobless Claims to 388K...

Opinion – Thursday 18 October 2012

A stellar set of US Housing Starts and Permit No’s released yesterday, adding to the lower unemployment and higher retail sales, all point to signs of some growth re-emergence. Both Housing Starts and Permits rose at double digit rates in the month which was...

Opinion – Wednesday 17 October 2012

The Euro led the push higher in G10 currencies versus a generally weaker US Dollar. Risk appetite was supported by optimism that Spain will soon seek a precautionary credit line from the ECB and a series of US Earnings Reports that all beat Wall Street estimates. The...

Opinion – Tuesday 16 October 2012

Markets have had a positive start to the week with equities higher on both sides of the Atlantic. Europe got a lift from the improved lower Chinese CPI which came in at 1.9% giving the PBOC plenty of room to ease monetary policy. News from the EC that the next tranche...

Opinion – Monday 15 October 2012

Despite US Consumer Confidence rising to a five year high, markets were subdued on Friday and equities again sold off into the close only to rebound this morning on the stronger Chinese Trade Surplus, which rose to $27.6 billion in September from $26.7 billion in...

Opinion – Friday 12 October 2012

Investor sentiment is on the mend after five down days on global equity markets. US stock indices closed virtually flat, after a strong opening, following a rise on European Bourses of 0.8% on average. The key factor leading to this more positive tone was a big drop...