Skip to main content

As ECB President Mario Draghi talks up the EURO, the DAX has had another soft week

By NewswireNo Comments

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…

Read More

DAX ​dragged ​down ​by ​almost ​3% ​at ​the ​end ​of ​the ​week ​as German ​banks ​underperform

By NewswireNo Comments

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…

Read More
bloomberg alastair mccaig

Bloomberg: Theresa May, Apple & Mnuchin

By NewswireNo Comments

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.

Read More

President Trump announces Jerome Powell as his nomination to lead the Federal Reserve, helping US markets close the week out strongly.

By NewswireNo Comments

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…

Read More
bloomberg alastair mccaig

Bloomberg: Brexit, BOE & Fed

By NewswireNo Comments

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.

Read More

ECB President Draghi triggers the start of tapering to the EU’s Quantitative Easing scheme but gave a longer timeline than Euro bulls had hoped for.

By NewswireNo Comments

Synopsis of the week On Thursday 26 October, Euro bulls drove the EUR/CHF to fresh two year highs above 1.1700 ahead of President Draghi’s much anticipated QE speech. The Bank of England looks set to join the US Fed in moving towards rate normalisation by raising interest rates for the first time in over a decade. Futures markets are suggesting…

Read More
bloomberg alastair mccaig

Bloomberg: BOE, Trump & Earnings

By NewswireNo Comments

On Wednesday evening Alastair McCaig Head of Investment Management joined Bloomberg hosts Jonathan Ferro and Richard Jones to discuss the way ahead for the Bank of England, President Trump’s preference for the next Fed Chair and the latest moves in the bond markets. Click here to listen to the interview on Bloomberg.

Read More

European equity markets have performed well over the last five weeks but with the EU summit unlikely to provide much positive news will this momentum stall?

By NewswireNo Comments

Synopsis of the week Last week saw both the DAX and the S&P500 setting higher highs as bond markets continue to prove volatile due to rate uncertainty, equities still appear as the most attractive destination for funds. Chinese September import data jumps higher adding to enthusiasm for its manufacturing and construction sectors, a sentiment which has been steadily improving throughout…

Read More
bloomberg alastair mccaig

Bloomberg: Spain, Brexit & Fed

By NewswireNo Comments

On Thursday evening, Alastair McCaig Director of Investment Management at Fern Wealth joined Bloomberg host Jonathan Ferro and Paul Dobson. The discussion covered Michel Barnier’s negative comments on how little progress had been made in Brexit talks, the latest developments in Catalonia and the race to become the next US FED chairman. Click here to listen to the interview on…

Read More