Opinion – Wednesday 12 April 2017

The global macro picture has been muddied by a rise in geopolitical tensions while economic data releases have been largely ignored and safe haven assets have outperformed. North Korea has warned of nuclear strikes if provoked and Trump’s fingers have also played a...

Opinion – Tuesday 11 April 2017

I saw a UFO was the 2006 hit song by Australian Electro-pop outfit Sneaky Sound. Will geopolitics prove to be the UFO for markets in 2017? Not if you believe moves yesterday with only small changes in yields, equities and currencies, while the VIX remains at a low...

Opinion – Monday 10 April 2017

Who would have guessed that on a day when Geo-polical stress was once more to rear its head via the bombing of a Syrian air-base by the United States, and US Non-Farm Payrolls rose by less than 100,000 (98K and with 38K worth of downward revision), that the US Dollar...

Opinion – Friday 7 April 2017

Bonds , the Japanese Yen and Gold al rose in Asia overnight, while stock markets slipped as investors ran to safe-haven assets after the United States launched cruise missile attacks against an air base in Syria. This attack on Syria raises the risk of confrontation...

Opinion – Thursday 6 April 2017

Yesterday was one of the busiest trading sessions in many months, packed full of data that led to some large intraday moves. ADP payrolls (better than expected) and the Non-manufacturing ISM (worse than expected) gave contrasting reads on the labour market, while the...

Opinion – Wednesday 5 April 2017

US equities have managed to end the day with modest gains while main European equity Indices posted gains between 0.20% and 0.55%. After yesterday’s rally, US Treasury yields are a little bit higher across the curve with the 10y note currently trading at 2.363%,...