Synopsis of the week Last Friday’s bounce in equity markets has only lessened the losses on the week as equity markets have again struggled for confidence. As oil prices hit new multi-year highs last week, US President Trump called on Saudi Arabia to increase its output by 2 million barrels a day in order to counter the effects of Iranian…
On Wednesday evening Alastair McCaig our Head of Investment Management joined Bloomberg anchor Jonathan Ferro and Bloomberg’s Head of FX and Rates strategy Richard Jones to discuss the latest developments in the Trump administrations Trade Wars the US Dollar and the consequences of the reigning World Cup Champions Germany being knocked out of Russia 2018 in the group stages. Click…
Synopsis of the week Equity markets struggled as traders absorbed the latest move from the US in the tit for tat tariff war. Although it may take the Trump administration months to push through these suggested changes, it was a clear example that settlement is still some way off. The US Dollar index DXY hit new year highs, back to…
On Wednesday evening Alastair McCaig our Head of Investment Management joined Bloomberg anchor Jonathan Ferro and Bloomberg’s UK Economy reporter Lucy Meakin to discuss the comments from the ECB’s Central Banking Forum in Sintra, Portugal where both Mario Draghi & Jerome Powell talked about interest rate paths and economic performance. Click here to listen to the interview on Bloomberg.
Synopsis of the week The ECB has confirmed that it will finish the current Quantitative Easing programme by the end of 2018.In the same statement, they also saw interest rates remaining unchanged until the summer of 2019. As expected, the US FOMC increased interest rates to 2% and accompanied this move with a statement suggesting we still could see another…
On Wednesday evening Alastair McCaig our Head of Investment Management joined Bloomberg anchor Jonathan Ferro and Head of FX & Rates strategist Richard Jones to preview the Federal Reserves rate decision, UK Inflation and the ECB. Along with these Macro issues Alastair also discussed why he would be supporting Belgium in the Football World Cup. Click here to listen to…
Alastair, our Head of Investment Management joined Martina Fuchs on CNN Money Switzerland to discuss the Swiss pension system and current global market conditions. The system can be complex, but there are smart ways to make it work for you and Alastair discusses how you can use the depreciation of the Swiss Franc to your advantage. Click here to view…
Synopsis of the week The DAX has had a second disappointing week in a row taking the German equity market back down to April levels, although still up 1.6% from the start of the year. Nestlé, Switzerland’s largest company has announced further job cuts here as they move Nespresso jobs to Spain, citing the strength of the Swiss Franc as…
Synopsis of the week ON / OFF US and North Korean Nuclear peace talks have spooked the markets as investors are left baffled as to what is happening. The Turkish central bank was forced to increase interest rates by 3% as the Lira collapsed against the US Dollar. The Euro has fallen in value over the last month leaving the…
Synopsis of the week This weekend has seen the US & China make progress on trade talks avoiding the threat of a trade war, at least for now. The US Dollar index continues to gather strength up by 5.25% in the last five weeks against a basket of all the other major global currencies. Oil prices have maintained their steady…
