Opinion – Tuesday 12 September 2023

U.S. Equity Markets rebounded yesterday led by the upgrade in Telsa Shares. The NASDAQ 100 led Monday’s gains, closing higher by 1.2%. Today and tomorrow are key days for trading this week. We have the Apple news event later this afternoon, where it is expected to...

Opinion – Monday 11 September 2023

A late rally into the close on Friday saw all three American Indexes close positive following a quiet trading session. This morning we are seeing some unwinding of USD/JPY positions leading to some Dollar weakness across the board. This is helping the S&P Futures...

Opinion – Friday 8 September 2023

U.S. Equity Markets closed lower yesterday led by the 0.75% fall in the NASDAQ 100 following the Apple news story out of China. The escalating tensions between China and Western nations continues to play out within the technology sector. China is now implementing a...

Opinion – Thursday 7 September 2023

A combination of higher Oil prices and 10-Year Treasuries hitting 4.30% saw U.S. Equity Markets sell off across the board yesterday. Although the S&P was lower by 1.2% at one stage, a late 25 Handle rally saw the S&P end Wednesday with a loss of 0.70%. Oil...

Opinion – Wednesday 6 September 2023

Higher Bond Yields and a further 2.7% rise in Oil prices saw U.S. Equity Markets close lower yesterday. The Dow led yesterday’s declines while the VIX surged, closing higher by over 7%. Last week, oil prices reached a new seven-month high, following recent weakness in...

Opinion – Tuesday 5 September 2023

U.S. Equity Markets closed higher on Friday led by Russell 2000, which was helped by the 3% rally in Regional Banks. Friday’s Non-Farm Payrolls were mixed with the Unemployment Rate shooting higher to 3.8% as wages cooled. The core personal consumption expenditures...