Opinion – Tuesday 19 March 2024

Equity Markets rallied on Monday in a relatively quiet news flow session (from a macro perspective) with the NASDAQ leading the charge ahead of the Nvidia (NVDA) GTC event after the close. However, both the Index and Nvidia closed well off best levels as participants...

Opinion – Thursday 14 March 2024

Equity Markets were subdued on Wednesday in a quiet US session in the aftermath of Tuesday’s hot CPI figures. There was no US data to shape the narrative ahead of this afternoon’s Retail Sales and PPI figures, while the Fed remains in its FOMC blackout period....

Opinion – Wednesday 13 March 2024

U.S. Equity Markets ultimately closed primarily in the green Tuesday, with lows seen after the open on the hot CPI Report was released. Equity weakness swiftly pared however with gains being seen throughout the session, led by the NASDAQ with Tech/Semi-Conductors...

Opinion – Tuesday 12 March 2024

U.S. Equity Markets were predominantly lower on Monday with the Russell 2000 lagging its US peers but the NASDAQ also saw notable weakness amid a slide in semiconductors, although gains in Apple (AAPL) helped limit losses, but Trump’s dig at Meta (META) saw the...

Opinion – Monday 11 March 2024

U.S. Equity Markets saw plenty of two-way price action on Friday with an initial rally post-NFP which ultimately was a “dovish” report, where although the headline beat, it was offset by downward revisions, soft wages and rising unemployment. The release...

Opinion – Thursday 7 March 2024

U.S. Equity Markets closed positive on Wednesday but finished well off their intra-day highs with some chunky selling seen in the New York afternoon. Fed Chair Powell gave familiar rhetoric in Congress, expressing caution on cutting rates too early, whilst also saying...