Opinion – Thursday 20 March 2025

U.S. Indices were firmer on Wednesday and rose to highs in wake of the latest FOMC rate decision, accompanying SEP’s and Chair Powell’s press conference, but closed off highs. Recapping, the Fed left rates unchanged at 4.25-4.5%, as expected, with dot...

Opinion – Wednesday 19 March 2025

U.S. Indices resumed to the downside on Tuesday, with major Indices closing well in the red. Sectors were also predominantly lower, aside from Energy and Health Care, but the heavyweight indices saw the most downside with Communication, Consumer Discretionary and Tech...

Opinion – Thursday 13 March 2025

U.S. Indices ended higher on Tuesday following a session that saw plenty of two-way price action. The markets were ultimately boosted by a soft US CPI report quelling some recent US economic fears, although US growth concerns and tariff uncertainty continue to loom...

Opinion – Wednesday 12 March 2025

U.S. Indices eventually closed lower on Tuesday with the exception of the Russell 2000 which closed positive, albeit well off the earlier highs and lows, in what was a headline-intensive day which drove choppy trade. On Trump tariffs, the President initially raised...

Opinion – Tuesday 11 March 2025

U.S. Indices closed substantially lower on Monday led by the 3.8% fall in the NASDAQ 100 and 2.7% fall in both the S&P 500 and RUSSELL 2000. This move lower wiped out Friday’s late rally and hitting six-month lows on concerns over the US economy, present/incoming...

Opinion – Monday 10 March 2025

U.S. Indices closed Friday in positive territory but the steep weekly decline remained amid US growth concerns and continued tariff uncertainty. Once again, Friday was a heavy headline day with a deluge of risk events, such as the US jobs report, a load of Fed...

Opinion – Thursday 6 March 2025

U.S. Indices closed higher on Wednesday following a choppy session that saw plenty of two-way price action, but ultimately stocks ended up in the green with T-notes sold across the curve while the Dollar plummeted as the Euro rallied. The focus of the session was on...

Opinion – Wednesday 5 March 2025

U.S. Indices closed largely in the red as they saw a notable sell-off into the close amid a chunky market imbalance, in what was a very choppy day of trade. Initially, on Tuesday, there was a significant risk-off sentiment which saw US equity futures and the crude...

Opinion – Tuesday 4 March 2025

U.S. Indices closed notably in the red Monday and sold off through the duration of the US afternoon, on the broader risk-off theme amid poor US data and President Trump noting tariffs will go ahead. On the former, and potentially heightening US growth concerns, Feb...

Opinion – Monday 3 March 2025

U.S. Indices endured a choppy session but closed notably in the green, and at highs as they saw a notable bid into settlement amongst month-end, despite the initial sell-off seen post-US open. US January PCE was the scheduled data highlight, but turned out to be a...

Opinion – Thursday 27 February 2025

U.S. Equity Markets ended Wednesday mixed, enduring a choppy day, although futures attempted a rebound from overnight trade following the House passing a budget blueprint endorsing US President Trump’s USD 4.5 trillion tax cuts. However, stocks sold off through...

Opinion – Wednesday 26 February 2025

U.S. Equity Markets closed off earlier lows seen at the cash open with DJI (+0.4%) turning positive while SPX (-0.5%), NDX (-1.2%) and RUSSELL (-0.4%) remained in the red. Behind the selloff, fears resumed around the consumer with the latest US Consumer Confidence...

Opinion – Tuesday 25 February 2025

U.S. Equity Markets closed in the red on Monday, extending on Friday losses as the pullback from recent All-Time-Highs continues. There were few fresh drivers for the downside but the overhang of tariffs and uncertainty on geopolitics continues to weigh. US President...

Opinion – Monday 24 February 2025

Equity Markets tumbled on OpEx Friday while T-notes rallied across the curve. Stocks started to sell off from the U.S. morning, with the ongoing deterioration of Ukraine relations with the US and Russia and lingering tariff deadlines weighed in the background, but the...