Opinion – Monday 24 April 2017

The final results of the first round of voting in the French presidential election aren’t yet confirmed. Yet the certainty of a Le Pen/Macron one-two, with Le Pen not scoring much more than pre-election poll predictions of the low to mid 20 percent’s, means...

Opinion – Friday 21 April 2017

We have had a fair bit of news to digest since I posted 24 hours ago, and some market price action across currencies, bonds and equities to accompany it. The net result, in FX-land, is that the Euro is (slightly) higher, as too are the Australian and New Zealand...

Opinion – Thursday 20 April 2017

US equities came under pressure in the last few hours of trading last night weighted down by a sharp fall in oil prices following reports of an increase in gasoline inventories. Meanwhile US Treasury yields are higher along the curve and the US Dollar is stronger...

Opinion – Wednesday 19 April 2017

The Pound soared 2.2% following the UK PM’s call for early elections. Polls currently put the Tories in front at 42% of the vote, up from the 37% result in the 2015 election, and there is a good chance that the government could increase its majority in Parliament and...

Opinion – Tuesday 18 April 2017

Plenty of news, both economic and geopolitical, since we broke for Easter, the net market impact of which has frankly been quite modest. The risk-negative tone that pervaded markets last week and which centred on escalating geopolitical tension surrounding North...

Opinion – Thursday 13 April 2017

Geopolitics took a backseat last night with Trump’s Wall Street Journal interview dominating market moves. Trump stated the US Dollar is too strong and that he likes a low-Interest Rate policy. That saw the US Dollar immediately gap lower along with US Bond Yields....