Opinion – Monday 4 December 2023

Equity Markets were largely firmer on Friday although there was particular outperformance in the Russell 2000 with regional banks and cyclicals finding a particular bid. That was a result of the yield backdrop with the Treasury curve seeing massive bull-steepening (2s...

Opinion – Thursday 30 November 2023

U.S. Equity Markets and Treasury Bonds had seen upside throughout Wednesday’s European morning after cooler-than-expected inflation prints from German states and Spain, with the later released national German CPI also much cooler than forecast. US equity futures...

Opinion – Wednesday 29 November 2023

US Equity Markets saw plenty of choppy trading yesterday before finishing in positive territory. Gains were capped after fading the initial rally that was spurred by dovish comments from Fed’s Waller who talked up the potential for rate cuts next year whilst...

Opinion – Tuesday 28 November 2023

U.S. Equity Markets closed Monday with small losses following an ugly Home Sales Report and a dip back into contraction for manufacturing production. The theme of disappointing economic data saw Treasury Yields close nine basis points lower at 4.39%. No one really...

Opinion – Monday 27 November 2023

U.S. Equity Markets rallied for the fourth consecutive week. This is the longest winning streak since June. Both the Dow and Small Cap Russell 2000 led Friday’s gains on plunging economic data which is supporting the trend for more interest rate cuts. Meanwhile,...

Opinion – Thursday 23 November 2023

U.S. Equity Markets closed higher in a quiet Market ahead of today’s Thanksgiving Holiday. In a lacklustre session, the Dow led Wednesday’s gains, closing 0.53% higher. The main highlight from yesterday’s trading was the noticeable in Jobless Claims which printed 209K...