On Monday evening Alastair McCaig our Head of Investment Management joined host Jonathan Ferro and Bloomberg’s Head FX & Rates strategy for his weekly interview. This week’s discussion covered the UK’s efforts to move on to phase two of Brexit negotiations, Bitcoin’s moves and the latest interest rate decision from the US Federal Reserve. Click here to listen to the…
Synopsis of the week The Bulls were once again in control of the US markets as the S&P 500, Nasdaq and the Dow all set new highs during the course of the week. Last week’s meeting in Vienna saw the OPEC nations agreeing to cut production through to 2018. This unified action helped send Oil prices to two and a…
On Wednesday evening Alastair McCaig our Head of Investment Management joined host Jonathan Ferro for his weekly Bloomberg interview. The discussions covered the latest developments in Brexit negotiations, the structure of bonuses at Barclays bank and the latest testimony from Fed Chair Janet Yellen. Click here to listen to the interview on Bloomberg.
Synopsis of the week The volume of equities traded this week was low as the US took Thursday off for Thanksgiving and enjoyed an early close to Friday’s session. The DAX rallied into the close of the week as the chances of Angela Merkel forming a coalition government improved. This was due to opposition SPD leader Martin Schulz confirming his…
Synopsis of the week EUR/CHF has traded as high as 1.1720 this week breaking above last month’s highs following encouraging words from ECB President Mario Draghi. Central Bankers have dominated the week with twelve different speeches from the heads of the US, UK & EU central banks in only a five day period. Only weeks after CEO Jamie Dimon lambasted…
On Wednesday evening Alastair McCaig our Head of Investment Management joined host Jonathan Ferro for his weekly Bloomberg interview. The discussions covered the latest equity market movements, UK Labour market data and the 5% stake Cerberus Capital have taken in Deutsche Bank. Click here to listen to the interview on Bloomberg.
Synopsis of the week European and US equity markets sold off last week as Friday’s bank holiday in America encouraged traders to take short term profits before the long weekend. Theresa May has had to make a second cabinet change in the last two weeks, begging the question for many as to how long she can remain in power and…
On Wednesday evening Alastair McCaig our Head of Investment Management joined Bloomberg hosts Jonathan Ferro to discuss the problems facing British Prime Minister Theresa May, Snapchat and President Trumps tour of Asia. Click here to listen to the interview on Bloomberg. Click here to listen to the interview on Bloomberg.
Synopsis of the week The nomination of Jerome Powell was taken by the markets as a signal that the FED would continue on a steady path of rate rises, an environment that should continue to help US equity markets. For the first time in a decade, the Bank of England increased interest rates, but futures markets do not expect the…
Fern Wealth’s Head of Investment management Alastair McCaig joined Bloomberg anchor Charle Pellet on Wednesday evening discussing Brexit, Catalonia, Donald Trumps nomination for the next Fed chair and the Bank of England’s interest rate decision. Click here to listen to the interview on Bloomberg.
