Opinion – Monday 6 November 2023

U.S. Equity Markets closed higher Friday for the fifth consecutive trading session following the below forecast Non-Farm Payrolls report, reducing Fed tightening expectations. Payrolls in October totalled 150K, 30K less than expected while notably the two prior months...

Opinion – Thursday 2 November 2023

Disappointing ADP Employment data and Manufacturing ISM missing expectations saw both the Treasury Market and Equity Markets rally into the Fed announcement. Helping the 19-Basis point fall in 10-year Treasuries was the news from the Treasury Department announcing a...

Opinion – Wednesday 1 November 2023

Despite a choppy trading session, Equity Markets rallied in the last two hours, closing on the highs of the day. The S&P led Tuesday’s gains, closing higher by 0.65%. Stronger Economic data saw the Dollar reverse earlier loses, closing with a gain of 0.56%...

Opinion – Tuesday 31 October 2023

U.S. Equity Markets surged while Oil fell following the unwinding of the Geo-political risk premium which was put on ahead of the weekend. The Dow led Monday’s gains closing higher by over 500 points, for a 1.58% gain. This move higher saw the VIX crushed, closing...

Opinion – Monday 30 October 2023

U.S. Indexes sold off on Friday despite better earnings from both Intel and Amazon. However, it did limit the sell-off in the NASDAQ 100, which was the only Index to close higher on Friday. The Dow led the declines closing lower by over 1% for the second consecutive...

Opinion – Thursday 26 October 2023

Google Shares falling a huge 10% yesterday saw U.S. Equity Markets get hit hard on Wednesday. The NASDAQ 100 led the declines with a loss of 2.47%. This was the worst day for the NDX since February 21 when the NDX fell 2.51%. Treasury Yields rising 13 Basis points...