Opinion – Tuesday 11 July 2023

U.S. Indexes reversed earlier losses to close higher Monday led by the 0.62% rise in the Dow. This week, investors will be closely watching the release of the Consumer Price Index (CPI) data, which is expected to show a slower increase in inflation for June. Wall...

Opinion – Monday 10 July 2023

Despite the VIX closing lower by 4% on Friday, an aggressive sell programme saw equity markets hit hard in the last hour of trading. The Dow led the declines closing 0.55% lower after a 300-point fall from post NFP highs. This decline has continued overnight. Non-Farm...

Opinion – Friday 7 July 2023

A much stronger than expected ADP Report saw Bond Yields sharply higher across the board yesterday. The 2-year ended Thursday 10 basis points higher, to its highest level since 2007 while 10-year Treasuries closed at 4.05% which is its highest close since 2000. Equity...

Opinion – Thursday 6 July 2023

U.S. Equity Markets fell after we saw the release of the Federal Reserve’s Minutes from its June meeting, where interest rates were kept unchanged. The Minutes provided further clarity on the discussion regarding the balance of risks in policy tightening, as...

Opinion – Wednesday 5 July 2023

At last week’s Central Bank Summit, Fed Chair Powell said that while rates are in restrictive territory now, the downside risk of doing too little (not raising rates or keeping them high) is still greater than doing too much (raising rates to a level that is...

Opinion – Tuesday 4 July 2023

Despite markets only open for a half-day, Equity Markets continued to make new highs for 2023 with all three American Indexes closing higher. The NDX led the gains closing higher by 0.19%. As we approach the pinnacle of summer, as well as the Fourth of July holiday,...