Opinion – Wednesday 12 July 2023

U.S. Equity Markets rallied Tuesday as investors wait for the key CPI Report which will be released this afternoon. The Dow again led the rally, closing higher by 1%. Major banks are facing a significant regulatory overhaul as the Federal Reserve pushes for...

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,...

Opinion – Monday 3 July 2023

U.S Equity Markets closed higher across the board on Friday. The NASDAQ 100 led gains helped by Apple (AAPL) making history, becoming the first company ever to reach a market value of $3 trillion. The tech giant’s stock closed 1% higher, pushing Apple’s...

Opinion – Friday 30 June 2023

The Bank Index outperformed yesterday following the latest successful stress tests of the banks by the Federal Reserve. The Dow led the gains closing higher by 0.80% as the market finished above 34,100. Equity Markets are still trying to digest Wednesday’s joint...

Opinion – Thursday 29 June 2023

U.S Equity Markets closed flat on Wednesday following a boring session. While the Dow closed lower, the NASDAQ 100 ended the session with a small 0.12% gain. After the close the Federal Reserve reported that U.S. Banks had passed the latest stress tests with capital...

Opinion – Wednesday 28 June 2023

U.S. Equity Markets reversed all of Monday’s losses, closing higher across the board as the Month and Quarter End Mark-up gathered pace. The NASDAQ 100 led Tuesday’s gains, closing higher by 1.75%. The VIX closed lower by 3.58% at a price of 13.74. Treasury Secretary...

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...