Opportunity and Risks

Opportunity and Risks

As we prepared last Monday for three central banks we did so with an accepted market wide bias. Three decisions, two surprises and one outrage followed and the market showed its shock. The BOJ stand accused of at best misleading the market and at worst, according to...
The Pro’s Edge

The Pro’s Edge

Another look at the underlying fundamentals , the market sentiment and where the opportunities may be lurking. It is not an easy market, but as any professional knows there are ways to gain an edge. It begins with understanding the drivers and the global macro...
Swing Time!

Swing Time!

D-day was Sunday as we headed into the Opec /Non opec meeting in Doha. For some, including the writer, the move up in the crude market which preceded it was more about the prospect than the result, which is why we buy rumour and sell fact. The fact here is that there...
The Risk Of Risk

The Risk Of Risk

With the YEN steaming ahead during the last week you would be justified in the view that risk aversion had made its presence felt. The S&P500 and global equities continue to look precarious and vulnerable as we head into the US earnings season. There were however...
Ready, Steady, Stop!

Ready, Steady, Stop!

Here we go again! Janet Yellen had her say at the New York Economic club and seemed to drive another nail into the coffin of central bank confidence. The USD lost value in response to her dovish rhetoric, questions as to global micro management arise again and some...