Synopsis of the week Rather than focusing on Tax reforms or infrastructure spending the Tump administration are now embroiled in a conflict of issue surrounding the departure of FBI Director Comey. Soft economic data out of the UK points towards Brexit issues yet to materialize. Sterling eases lower as interest rate rises still look a long way off. European Central…
Fern Wealth’s Director of Investment Management Alastair McCaig joined Bloomberg’s Jonathan Ferro for an hour-long show where they discussed the Bank of England’s stance on interest rates, the strength in the Euro, Barclays, the expected increase in US interest rates by the FED and this week’s G7 meeting. Click here to listen to the interview on Bloomberg.
Synopsis of the week The Macron win has eased short-term fears about France and the stability of the European Union, at least until the next major European election. Worse than expected Services and Manufacturing data out of China have been the catalyst for commodity prices to crumble over the week. The last three weeks have seen Oil prices tumble by…
Fern Wealth’s Director of Investment Management Alastair McCaig joined Bloomberg’s Jonathan Ferro to discuss the markets’ reactions to French election debate and the weekends voting and the latest UK economic data releases. Click here to listen to the interview on Bloomberg.
Synopsis of the week The Trump administration’s target of a reduction to 15% for the Corporate tax was what the markets wanted to see but the details about how they would achieve that were unconvincing. The Swiss National Bank discusses further rate cuts and currency market intervention. The first round of French elections are out the way and Le Pen…
Synopsis of the week With the opposition parties struggling for unity and the Conservatives holding a very comfortable lead in opinion polls, Theresa May has decided to call for a general election in the UK. FX markets have quickly decided that the short term chaos of a general election is outweighed by the longer term stability that a healthy Conservative…
Our Director of Investment Management Alastair McCaig comments on Dukascopy TV. How influential will the US Air Strikes in Syria be on the US economy? Click here to see the full interview.
Synopsis of the week Monthly Non-Farm payroll figure misses the mark coming in at the lowest levels since June 2016. The FOMC struck a considerably more dovish tone bringing into question how many more rate rises we’ll see in 2017. The US Market struggled as both FOMC comments and US politicians gave investors cause to reassess the likelihood of spending…
Trump has launched the first military action of his presidency at a Syrian regime airbase, we discussed what the markets reaction has been. Plus, UK industrial production suffered a contraction in February and the house price growth is at his lowest in nearly four years. Alastair chats with Share Radio’s Ed Bowsher to examine Trump’s first military action on a…
Synopsis of the week The UK finally triggered article 50 on Wednesday in an event that barely caused any reaction in the equity markets around Europe. Euro zone inflation fell, weighed down by a big drop in German data. This could reduce the pressure on the ECB to bring the current QE scheme to an end. US Consumer confidence figures…
