Opinion – Friday 17 November 2017

For all the talk of an emerging bear market in equities of late, and for whatever reason, European and US equities have reversed in size which started shortly after I posted early yesterday morning, led by tech stocks. After testing three month highs, the VIX index is...

Opinion – 16 November 2017

The mild risk off tone continued yesterday with both equities lower (S&P500 -0.4%, Euro Stoxx -0.3%), and Bond Yields lower (USTs -3.9bps, Bunds -21bps), while the VIX crept higher but is still at a low 12.91. Economic data certainly does not support the risk off...

Opinion – Wednesday 15 November 2017

Caution remains the main theme in markets with equities softer on both sides of the Atlantic weighed down by the energy and materials sectors amid softer oil and metal prices. Ahead of US CPI this afternoon the US Dollar and longer dated US Treasury yields are lower...

Opinion – Tuesday 14 November 2017

Frankfurt is the town and the great and the good of the global central banking fraternity will be the doing the talking later today at an ECB sponsored conference on Central Bank Communication. Yellen, Draghi, Carney and Kuroda are among those scheduled to talk. The...

Opinion – Monday 13 November 2017

A somewhat bitty, non-descript market on Friday with asset markets not all marching to the same tune. The approach of Monday’s US Vets. Day holiday looks to have contributed to the malaise. The main feature was US Treasury yields pushing higher, back testing 2.40%....

Opinion – Friday 10 November 2017

Equity markets hit a jittery patch shortly after I posted early yesterday morning, with selling seen across Europe and the US. The US Dollar is as expected softer across the board with safe haven currencies the outperformers. Notably, however, core global Bond Yields...