Opinion – Monday 25 September 2023

Worries that higher rates are slowing economic growth in America, saw U.S. Equity Markets close lower on Friday. Both the NASDAQ 100 and S&P had their worst trading weeks since March. Sales of existing homes declined in August to their lowest level since the...

Opinion – Friday 22 September 2023

Higher Bond Yields saw Equity Markets get hit hard yesterday. The NASDAQ 100 again led the declines, closing lower by 1.84%. This move lower saw the VIX end Thursday with a near 8% gain. The Federal Reserve decided to keep interest rates at their current levels but...

Opinion – Thursday 21 September 2023

The Federal Reserve maintained its current range between 5.25% and 5.5% following their latest two-day meeting. In their Statement the Fed said current interest rates were restrictive and that they are prepared to raise rates again if appropriate. Rates will remain...

Opinion – Wednesday 20 September 2023

Weaker than expected Housing Starts saw the U.S. Equity Markets close lower yesterday. A late comeback saw markets erase most of their afternoon sell-off helping the VIX to close unchanged. Brent crude approached $95 a barrel on Tuesday as investors eye the...

Opinion – Tuesday 19 September 2023

U.S. Equity Markets closed flat following a quiet start to week. Investors are closely monitoring the Federal Reserve’s latest policy-setting meeting, where all indications are pointing towards another pause in rate hikes. The Fed had previously paused rate...

Opinion – Monday 18 September 2023

U.S Equity Markets closed lower on Friday after a relentless sell-programme hit the Futures Markets on Friday morning. We did not have the usual Friday VIX crush, as the VIX surged, closing higher by 7.5%. Higher Treasury Yields saw the NASDAQ 100 lead the declines,...

Opinion – Friday 15 September 2023

Despite the ECB Hiking Interest Rates for an unprecedented 10th consecutive Meeting, Global Equity Markets soared across the board in the belief that this will be the last hike. The NASDAQ 100 led U.S. Indexes higher helping the VIX to close lower by 5% at a price of...

Opinion – Thursday 14 September 2023

U.S. Equity Markets closed mixed following a volatile trading session that saw plenty of two-way price action. August’s Consumer Price Index (“CPI”) was released yesterday afternoon rising 0.6% Month on Month as expected. However, the yearly rate...

Opinion – Wednesday 13 September 2023

Apple shares came under pressure late yesterday following the announcement of the iPhone15 and a new Apple watch. The 2.5% decline in the share price following the event to a session low and highlights the ‘’Sell the Fact’’ reaction. The negative reaction to Apple’s...

Opinion – Tuesday 12 September 2023

U.S. Equity Markets rebounded yesterday led by the upgrade in Telsa Shares. The NASDAQ 100 led Monday’s gains, closing higher by 1.2%. Today and tomorrow are key days for trading this week. We have the Apple news event later this afternoon, where it is expected to...

Opinion – Monday 11 September 2023

A late rally into the close on Friday saw all three American Indexes close positive following a quiet trading session. This morning we are seeing some unwinding of USD/JPY positions leading to some Dollar weakness across the board. This is helping the S&P Futures...

Opinion – Friday 8 September 2023

U.S. Equity Markets closed lower yesterday led by the 0.75% fall in the NASDAQ 100 following the Apple news story out of China. The escalating tensions between China and Western nations continues to play out within the technology sector. China is now implementing a...

Opinion – Thursday 7 September 2023

A combination of higher Oil prices and 10-Year Treasuries hitting 4.30% saw U.S. Equity Markets sell off across the board yesterday. Although the S&P was lower by 1.2% at one stage, a late 25 Handle rally saw the S&P end Wednesday with a loss of 0.70%. Oil...

Opinion – Wednesday 6 September 2023

Higher Bond Yields and a further 2.7% rise in Oil prices saw U.S. Equity Markets close lower yesterday. The Dow led yesterday’s declines while the VIX surged, closing higher by over 7%. Last week, oil prices reached a new seven-month high, following recent weakness in...