Opinion – Monday 14 April 2025

U.S. Indexes closed higher following another choppy session on Friday. T-Notes initially saw downward pressure to hit lows of 109-08 in wake of a dismal consumer confidence report accompanied by surging inflation expectations. However, stocks and bonds recovered from...

Opinion – Thursday 10 April 2025

Volatility continued on Wednesday but ultimately equities saw historic upside (SPX +9.5%, NDX +12.0%, RUT +8.7%, DJI +7.9%) as US President Trump implemented a 90-day pause on reciprocal tariffs to the 75 countries who approached the US for talks, seeing their tariff...

Opinion – Wednesday 9 April 2025

Markets were, once again, extremely volatile with earlier risk on sentiment faded by the U.S. close. Early upside was supported by commentary from US officials that many countries are looking for trade deals with the US, while Trump posted on Truth that China wants a...

Opinion – Tuesday 8 April 2025

Monday was a very choppy session with assets seeing two-way trade. Stocks and yields gapped lower at the start of APAC trade, with US President Trump showing no signs of easing up on his aggressive approach to trade. However, some countries are aiming for deals with...

Opinion – Monday 7 April 2025

The risk-off tone in trade since liberation day continued on Friday as tariff fears continued to dominate, escalated by the response from China, who implemented a 34% tariff on the US (matching the US rate on China). Meanwhile, Vietnam spoke with the US and said it...

Opinion – Thursday 3 April 2025

U.S. Indices saw choppy action on Wednesday, as markets reacted to tariff source reports ahead of President Trump’s reciprocal tariff announcement scheduled in the Rose Garden after the markets closed. In the EU morning, risk sentiment soured on BBG source...