CNBC – 1 Apr http://www.cnbc.com/2016/04/01/europe-cautious-ahead-of-us-jobs-report.html Business Insider – 1 Apr http://uk.businessinsider.com/european-stocks-opened-sharply-lower-on-2016-4/?r=US&IR=T#8FpVg0hh5Ie2g7CS.97 Reuters – 1 Apr http://uk.reuters.com/article/europe-stocks-idUKL5N1741FO Reuters – 1 Apr http://uk.reuters.com/article/uk-britain-stocks-idUKKCN0WY420 Marketwatch – 31 Mar http://www.marketwatch.com/story/european-stocks-drive-lower-heading-for-bigger-quarterly-loss-2016-03-31 Le pétrole reprend des couleurs grâce à un dollar affaibli et aux chiffres de l’API http://matieres-premieres.blogs.challenges.fr/archive/2016/03/31/le-petrole-reprend-des-couleurs-grace-a-un-dollar-affaibli-e-110065.html Citywire – 31 Mar http://citywire.co.uk/money/tui-bucks-falling-UK Index -on-summer-bookings-relief/a895033 Digital Look – 31 Mar http://www.digitallook.com/news/market-report-europe/europe-midday-stocks-in-the-red-as-oil-slips-back-investors-eye-us-data–1097925.html Int…
The UK Index ’s Oil Majors are weighing on the index this morning, accounting for 11pts of the index’s 65pt drop. This comes as oil prices languish around recent pull-back lows, US and Brent Crude a whole $3-4 a barrel (circa 10%) off their Q1 recovery highs. After a near 50% bounce from 12/13yr lows…
Warren Buffet has contributed little to the planet bar income tax. That said though, his deceivingly simple and much quoted line about contrarianism is actually quite well founded. The VIX Volatility Index (VX) is essentially a measure of uncertainty. When it’s at highs, the inference is that market volatility is also high. Volatility is caused, at least in…
Miner stocks are topping the UK 100 this morning. This is thanks to more dovish than expected dollar-weakening words of wisdom from US Federal Reserve Chair Janet Yellen which have given a fillip to the dollar-denominated and stimulus/low-rate sensitive commodities space. UK-listed Miners are benefiting from an increase in risk appetite on expectations of lower global…
Macro observations Markets are easing back into the swing of things after Easter. US Fed’s Yellen to speak Tuesday 29th in the afternoon (16:30 GMT). This will be watched closely given some surprise moves into hawkish territory by some Fed members. Lots of US jobs data this week, in focus after some other disappointing recent prints, but…
INTEREST-RATE HIKE CHATTER HITS MARKETS; WHAT DOES THIS MEAN? Despite the tragic events of the past week being at the forefront of everyone’s minds, it’s time to separate all the emotion from the current global climate & start doing what we need to in this business – look forward & plan ahead. US interest rate hike chatter has…