Opinion – Tuesday 13 May 2025

U.S. Indices surged on Monday as risk-on trade was seen to start the week amid the positive trade developments between the US and China, whereby both countries agreed to cut tariffs by 115ppts, in what was a much larger drop than expected. The combined 145% US tariffs...

Opinion – Monday 12 May 2025

U.S. Indices were little changed (SPX -0.1%, NDX unchanged, DJIA -0.3%, RUT -0.1%) with markets now awaiting the outcome of US-China trade talks over the weekend. On the day, both stocks and Treasuries chopped to US President Trump floating the idea of a reduction in...

Opinion – Thursday 8 May 2025

U.S. Indices ended Wednesday day in the green after a session that saw plenty of two-way price action in wake of the Fed decision and Powell press conference. The decision was largely as expected, with rates left unchanged, although in the accompanying statement added...

Opinion – Wednesday 7 May 2025

U.S. Indices were in the red for the large majority of the session on Tuesday, with the majority of sectors also residing in negative territory. Utilities and Energy were the only ones in the green, with the former buoyed by Constellation Energy (CEG) earnings and the...

Opinion – Tuesday 6 May 2025

Both Equity Markets and the U.S. Dollar started Monday’s session in the red with Trump announcing tariffs on the non-US film industry, which hit names like NFLX, DIS, and AMZN. However, it was later clarified that no final decision has been made, and Trump will be...

Opinion – Thursday 1 May 2025

Markets chopped to the slew of data releases with contracting US GDP initially hitting equities and bonds, but the move faded to see T-notes settle flat while stocks closed green (ex-Russell). The GDP report was soft and accompanied by rising Core PCE Prices, boosting...