Opinion – Tuesday 17 February 2026

U.S. Markets were closed for the President Day Holiday leading to a quiet session on both sides of the Atlantic. The EU and a 12-Nation Indo-Pacific Bloc are opening talks to explore forming one of the largest global economic alliances, with Canadian PM Carney...

Opinion – Monday 16 February 2026

U.S. Indices were mixed on Friday, with the Russell 2000 outperforming, which rallied 1.2%. The equal-weight ETF also saw strong gains while the majority of sectors were green too, showing strong breadth with the heavy-weight sectors (Comms, Tech and Consumer Disc)...

Opinion – Thursday 12 February 2026

U.S. Indices largely saw two-way trade on Wednesday. The focus point was on the NFP report, which overall was very strong in January, with the headline smashing expectations, unemployment rate ticking down, and wages ticking up. The initial reaction was upside in...

Opinion – Wednesday 11 February 2026

U.S. Indices were broadly lower on Tuesday, albeit in contained ranges, as participants await the US jobs report on Wednesday, followed by CPI on Friday. Data on Tuesday was largely subdued, as Retail Sales disappointed, and the weekly ADP only saw 6.5k jobs added per...

Opinion – Tuesday 10 February 2026

U.S. Indices continued to gain on Monday, with tech once again leading the upside, with semis largely outperforming. Nvidia (NVDA) shares rallied, seemingly continuing to benefit from the hiked CapEx plans announced alongside earnings from AMZN, META and GOOGL. The...

Opinion – Monday 9 February 2026

U.S. Indices surged on Friday, recouping some of the recent losses. Upside came despite the weakness in Amazon (AMZN) shares after the company ramped up its FY26 CapEx view. Gains were led by Tech and Industrials, with semiconductors surging, which are largely seen as...

Opinion – Thursday 5 February 2026

U.S. Indices were lower on Wednesday, primarily due to losses in AI-related names, namely semiconductors, software, memory and robotics. That said, breadth was very strong highlighted by the Equal-Weight RSP, +0.9%. Energy, Materials, and Staples, the best three...

Opinion – Wednesday 4 February 2026

US Indices were hit hard on Tuesday, albeit settling off troughs, as weakness in mega-cap names (NVDA, AVGO, META, MSFT, AMZN) weighed on the tech-heavy NASDAQ 100, which unsurprisingly saw Tech as the clear sectoral laggard. Communications and Discretionary were the...

Opinion – Tuesday 3 February 2026

US Indices were choppy as participants digested as the repercussions from President Trump’s nomination of Kevin Warsh as Fed Chair last Friday would mean. That assessment is likely to continue for some time until Warsh issues a more up-to-date view on current...

Opinion – Thursday 29 January 2026

US Indices were eventually mixed on Wednesday, while sectors saw downside bias as Real Estate and Health lagged, as the latter extended on Tuesday’s pronounced losses. Energy and Tech sat atop of the pile, with the former buoyed by gains in the crude complex...

Opinion – Wednesday 28 January 2026

US Indices closed higher, driven largely by mega-cap names as markets look towards MSFT, TSLA, and META earnings on Wednesday after the FOMC. Unsurprisingly, Healthcare was the worst performer, weighed by broad weakness in insurers (UNH -19.6%, CVS -14.2%, HUM -21.1%)...

Opinion – Tuesday 27 January 2026

US Indices closed higher on Monday as sentiment remains bullish ahead of a busy and important week of earnings (MSFT, META, TSLA, AAPL, ASML). Futures dipped on Sunday before erasing losses throughout APAC and EU trade. Downside was sparked by President Trump’s...

Opinion – Monday 26 January 2026

US Indices were broadly lower to end the week, although the tech-heavy NASDAQ 100 was the sole index in the green and supported by gains in NVIDIA (+1.5%) after China informed the biggest tech firms that they can prep orders for H200 chips. However, Intel’s...

Opinion – Thursday 22 January 2026

US Indices closed higher on Wednesday after President Trump ruled out military action over Greenland, easing market fears, though gains were capped after Denmark rejected Trump’s demand to negotiate a US takeover of the island. Later, Trump said that after meeting...