Opinion – Tuesday 31 July 2012

US markets were little changed yesterday taking a breather after the strong rally in recent days and ahead of the key central bank meetings and economic data later this week. But European markets continued their gains amid ongoing speculation that the ECB will take...

Opinion – Monday 30 July 2012

The stock market rally, inspired by ECB President Dragi, continued on Friday on hopes of policy action in Europe and perhaps from the Fed later this week. German Chancellor Merkel and French President Hollande issued a statement about the Euro saying they are...

Opinion – Friday 27 July 2012

Markets surged yesterday after strong comments from ECB President Dragi speaking at a conference hosted by the UK Government to mark the start of the 2012 Olympics. Dragi said that the ECB is ready to do whatever it takes to preserve the Euro and believe me it will be...

Opinion – Thursday 26 July 2012

Yesterday saw US stocks ending narrowly up after erasing the earlier losses in Europe which had been triggered by the poor results from Apple. The Euro ended well off its lows thus representing the triumph of Central Bank policy over incoming macro-economic reality....

Opinion – Wednesday 25 July 2012

The market attempted a rally early in the trading session on the back of a news article in the Wall Street Journal suggesting the Fed is moving closer to additional stimulus. However it was halted on worse than expected results from Apple for Q3 together with...

Opinion – Tuesday 24 July 2012

Very negative sentiment in global financial markets yesterday as the wires were hit with a litany of bad news out of Europe. The focus remains on Spain where 10 Year Bond Yields rose to 7.57%, triggering a rise in Italian yields to 6.42%. In summary, reports from...