Synopsis of the week On Thursday 26 October, Euro bulls drove the EUR/CHF to fresh two year highs above 1.1700 ahead of President Draghi’s much anticipated QE speech. The Bank of England looks set to join the US Fed in moving towards rate normalisation by raising interest rates for the first time in over a decade. Futures markets are suggesting…
On Wednesday evening Alastair McCaig Head of Investment Management joined Bloomberg hosts Jonathan Ferro and Richard Jones to discuss the way ahead for the Bank of England, President Trump’s preference for the next Fed Chair and the latest moves in the bond markets. Click here to listen to the interview on Bloomberg.
Synopsis of the week Last week saw both the DAX and the S&P500 setting higher highs as bond markets continue to prove volatile due to rate uncertainty, equities still appear as the most attractive destination for funds. Chinese September import data jumps higher adding to enthusiasm for its manufacturing and construction sectors, a sentiment which has been steadily improving throughout…
On Thursday evening, Alastair McCaig Director of Investment Management at Fern Wealth joined Bloomberg host Jonathan Ferro and Paul Dobson. The discussion covered Michel Barnier’s negative comments on how little progress had been made in Brexit talks, the latest developments in Catalonia and the race to become the next US FED chairman. Click here to listen to the interview on…
Synopsis of the week: Angela Merkel is still to cement her coalition party but this uncertainty has been dismissed by traders as the DAX again sets new highs, briefly breaking above 13,000 during Friday’s trading. On Friday, US Non-Farm payrolls fell by 33,000 partially due to the effects of Hurricanes Harvey & Irma. This fall is the first time US…
On Wednesday evening Alastair McCaig Director of Investment Management at Fern Wealth joined Bloomberg host Jonathan Ferro and Richard Jones where he discussed British Prime minister Theresa May’s speech at the Conservative party conference, the EU’s €250 million tax bill for Amazon and the events in Catalonia. Click here to listen to the interview on Bloomberg.
Synopsis of the week As German election fever has finally come to a close, it is not until the exact structure of her coalition has been confirmed that Merkel’s victory will put lingering anxieties concerning the German markets to rest. The DAX rose an impressive 5.3% in September and remains just short of its highs for the year set back…
On Thursday evening Alastair McCaig Head of Investment Management for Fern Wealth joined Jonathan Ferro on Bloomberg radio discussing The 20th anniversary of the Bank of Englands independence, Brexit negotiations and the latest developments in the bond markets. Click here to listen to the interview on Bloomberg.
SYNOPSIS OF THE WEEK The Fed announces that it will start a monthly disposal of $10 billion of tradable debt in October as it begins shrinking its $4.5 trillion balance sheet Angela Merkel wins her fourth term as German Chancellor in Sundays general election paving the way for more EU stability over the next four years. Retail sales in the…
Fern Wealth’s Head of Investment management Alastair McCaig on Wednesday evening joined Bloomberg host Jonathan Ferro and FX strategist Richard Jones to discuss UK retail sales data, Emmanuel Macron’s speech in New York along with the Fed’s interest rate outlook and reducing its $4.5 trillion balance sheet. Click here to listen to the interview on Bloomberg.
