13 Apr Financial Times “European equity markets are on the back foot heading into the long Easter weekend, with a plethora of bearish motives weighing on indices,” said Henry Croft of Accendo Markets. “The Trump-inspired US dollar sell-off continues to hurt the UK Index ’s foreign earning contingents.” https://www.ft.com/content/f0ad4a08-2033-11e7-a454-ab04428977f9 12 Apr Reuters UK “I am…
Heightened geopolitical risk following overnight US military intervention in Syria offers a timely reminder about trading and investing. It also provides us with a welcome positive takeaway that markets would appear to be overlooking into the weekend. One that could ultimately help reignite the Trump trade to record highs. Last night’s market reaction reminds us…
I’m sure you were just as surprised as me to wake up to news that the US had launched a series of overnight airstrikes targeting an airfield in Syria. Perhaps even more surprising, however, was the muted market reaction. Far from selling off significantly in response to heightened political tensions, global indices took only a minor…
7 Apr CityAM Gold traded at its highest level since the US election, rallying to a fresh five-month high of $1,269 per ounce. The price has dipped slightly from its highest points earlier this morning, but analysts at Accendo Markets noted the possible emergence of a bullish flag pattern to $1,280 per ounce. http://www.cityam.com/262566/us-air-strike-syria-sends-investors-safe-haven-assets-like 6…
Macro observations April and the second quarter of 2017 are set to begin with a bang, although hopefully not literally as within days of the triggering of Article 50 former political figures within the UK establishment suggest a Falklands-esque defence of Gibraltar should Spain make a play for the British enclave during Brexit negotiations. Theresa…
What a momentous week for the UK. With the official triggering of Article 50 now out of the way, Brexit is set to grip the financial world for the next two, and potentially more, years with a constant stream of changing information as Britain departs from the EU. But what should you be watching as the…