Opinion – Friday 13 April 2012

All change as the markets are happy to believe that cheap money will be forthcoming thus leading to a rally in Equities and Commodities and a weaker Dollar. This rollercoaster is likely to continue until we get European stability and a stronger US Economic recovery....

Opinion – Thursday 12 April 2012

Market sentiment improved over the last 24 hours with Equities and Bond yields both higher. European credit spreads have narrowed and risk aversion is receding. ECB member, Coeure hinted that the ECB may revive its sovereign bond purchase program to lower Spanish...

Opinion – Wednesday 11 April 2012

Equity markets got crushed today as the fallout from last Friday’s Non-Farm Payrolls continued. Spanish Bond yields rose above 6% and today the markets’ focus turns to the Italian Auction due later this morning. The rapid deterioration in view regarding...

Opinion – Tuesday 10 April 2012

A disappointing set of US Payroll No’s on Friday set the tone for lower Equities and lower Bond yields in limited trading over the Easter weekend. The poor headline numbers are likely to increase the expectations of more QE thus leading to a weaker US Dollar...

Opinion – Thursday 5 April 2012

The markets got hit badly yesterday as full blown pessimism returned. With the prospect of little additional monetary policy accommodation globally and despite the signs of modest global growth the market has refocussed on the worst case senario. Markets are now...

Opinion – Wednesday 4 April 2012

The FOMC minutes removed expectations of more QE and looked to worsening growth as a catalyst for policy easing. It appears there may be no more cheap money in the offing from the Fed and the risk markets are not happy with this. The USD is sharply higher across the...