Synopsis of the week Having started the year heading higher at an aggressive pace, equity markets spent much of last week giving back those gains. Bond markets look to have escalated last weeks equity market sell-off as the possibility of the FED raising rates more than 3 times in 2018 increased. Angela Merkel and the SDP still can’t finalise terms…
On Wednesday 31st January Alastair McCaig our Head of Investment Management joined Bloomberg anchor Jonathan Ferro and Bloomberg’s FX & Rates strategist Richard Jones to discuss Brexit, Capita and Fed Chair Janet Yellen’s final FOMC interest rate decision. Click here to listen to the interview on Bloomberg.
Synopsis of the week Having missed coming to Davos last year, US President Donald Trump’s presence has caused quite a stir as his views on the US Dollar strength and ongoing trade negotiations have been closely scrutinized. The US dollar continues to be weak, down 3.7% so far this year and down 1.53% this week alone. The majority of financial…
On Wednesday 24th January Alastair McCaig our Head of Investment Management joined Bloomberg anchor Jonathan Ferro, FX & Rates strategist Richard Jones and Global macro specialist Vincent Cignarella to discuss Davos, the US dollar and how the year was shaping up. Click here to listen to the interview on Bloomberg.
Synopsis of the week US equities remain strong this week driven higher by Apple’s announcement to increase investment in the US. This was encouraged by the recent changes in US Tax laws the Trump administration have managed to push through. Brent Crude Oil prices have hit three-year highs briefly breaking above US$70 a barrel up 147% from their January 2016…
Synopsis of the week US equities have added to the momentum seen in 2017 and even the prospect of a long bank holiday weekend has not triggered profit-taking. The Euro has also enjoyed plenty of support this year and against the US Dollar has broken above last years highs. The Euro strength has subsequently seen a sell-off in the export-driven…
On Wednesday evening Alastair McCaig our Head of Investment Management joined host Jonathan Ferro and Bloomberg’s Head of FX & Rates strategy Richard Jones to discuss US Treasuries, UK manufacturing data and where to invest at the start of the year. Click here to listen to the interview on Bloomberg.
On Tuesday 28th December Alastair McCaig our Head of Investment Management joined host Jonathan Ferro, Bloomberg’s Head FX & Rates strategy Richard Jones and Ken Veksler for an hour-long Brexit Christmas special. During the show they also made a few predictions looking at equity markets and currencies for the year ahead. Click here to listen to the interview on Bloomberg.
Synopsis of 2017 Most major equity markets enjoyed double-digit growth during 2017; even the FTSE, while having to contend with Brexit negotiations, managed to grow by over 8% year on year. European general elections have all helped create a stable political platform for the EU and the Franco/German relationship looks strong. While in Asia, confirmation that Xi Jinping will remain…
Synopsis of the week Central banks kept to the script with the US Fed raising rates for the third time this year while the Bank of England and the Swiss National Bank both kept rates unchanged. Last week’s EU Manufacturing PMI data was the strongest seen since the summer of 2011 and servicing PMI data for the EU region is…
