Opinion – Tuesday 27 June 2023

U.S. Equity Markets closed lower across-the board, reversing earlier gains. The NASDAQ 100 again led the declines as profit-taking continues in this severely overvalued market. The first half of 2023 is ending with mixed market outcomes – otherwise known as a...

Opinion – Monday 26 June 2023

Equity Markets closed lower on Friday led by the 1% fall in the NASDAQ 100 which broke an eight-week winning streak that began in late April. Oil saw a weekly decline of over 3% following indications from the Federal Reserve that additional interest rate increases...

Opinion – Friday 23 June 2023

The Bank of England (BOE) raised its key interest rate by half a percentage point to 5%, the highest level in 15 years. This decision was made with the aim of curbing inflation, which is currently the highest among the Group of Seven wealthy countries. Out of the nine...

Opinion – Thursday 22 June 2023

U.S Equity Markets closed lower yesterday led by the NASDAQ 100 which fell 1.35%. Incredibly the VIX also closed lower, falling a huge 5%, to close at a price of 13.20. Fed Chair Powell in his testimony to Congress says he wants to be hawkish, insisting there is no...

Opinion – Wednesday 21 June 2023

U.S. Equity Markets closed lower across-the board despite the late rally in the last hour of trading. Surprisingly, the VIX only closed higher by 2%, closing with a 13 Handle. This week, a close eye will remain on multiple Federal Reserve speakers and most notably Fed...

Opinion – Tuesday 20 June 2023

U.S. Equity Futures Markets were soft yesterday not helped by the 1% fall in both the Nikkei and European Indexes. Further analysing last week’s Fed pause, it could be brief. First, new projections by the Fed policymakers – the dot plot- suggests this will be the...