Opinion – Monday 25 March 2024

U.S. Equity Markets were choppy on Friday with a lack of tier 1 US data to go off, while question marks were raised on the state of the consumer on the back of poor reports from Nike (NKE) and Lululemon (LULU). Large cap tech was an outperformer, with Apple (AAPL)...

Opinion – Thursday 21 March 2024

U.S. Equity Markets rallied to new closing highs on Wednesday after the Fed reaffirmed its three rate cuts in 2024 projection, despite higher longer-term dots, and as Powell played down the hot January and February inflation data. The rate-sensitive sectors...

Opinion – Wednesday 20 March 2024

U.S. Equity Markets reversed earlier losses to close firmer on Tuesday after earlier, tech-led weakness reversed into the close. Nvidia (NVDA) managed to close 1% higher with some positive takeaways from its GTC event despite the lack of major surprises. Meanwhile,...

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...