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…
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…
