Opinion – Wednesday 8 November 2023

U.S. Equity Markets closed higher for the seventh consecutive trading session, led by the 1% gain in the NASDAQ 100. Lower Treasury Yields and a crushed Oil helped the NASDAQ to again outperform the broader market. The last Federal Reserve meeting of 2023 is set for...

Opinion – Tuesday 7 November 2023

Despite a 1% fall in the Bank Index, U.S. Equity Markets closed higher on Monday, led again by the NASDAQ 100. The NDX ended the session with a small gain of 0.37% while the VIX closed flat following a quiet start to the week. One notable exception was the eight-basis...

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...