US Consumer Sentiment climbs to a five month high - November 12, 2010 18:32

US Consumer confidence has climbed to a five month high as improved labour market conditions, increasing wages and rising stock prices lift spending in the US.

Sterling make gains against the majors accross the Board - November 11, 2010 18:52

Today has seen another day off agressive purchasing of the British Pound on the renewed outlook for improved and sustained growth prospects moving into 2011. Speculators are scaling back expectations of QE in Q1 next year and with the BoE now adopting a wait and see aproach we will most probably see avoidance of more […]

BoE Inflation Report Unexpectedly Hawkish - November 10, 2010 18:59

The BoE inflation report led to a significant Sterling rally accross the board due Hawkish comments stating that consumer prices are around target in the medium term. The report went on to say that there was a high probability that the BoE Chancellor Mervyn King would have to write an inflation letter to the Chancellor […]

Stocks continue to Re-Trace after Last Weeks surge in Risk Appetite - November 9, 2010 19:58

The hangover post last week’s Federal Reserve announcement is apparent as stock markets continue to re-trace post announcement of their QE program for the next six months. The key question is whether the recent move of strength in the US Dollar can be considered to be re-tracement from an oversold state or whether we are […]

Global Stocks Re-Trace - November 8, 2010 18:31

Global Stock markets have retraced today as speculators take profit on their bets on based on the Fed’s announcement of $600 billion of stimulus last week. the feeling in the market today is that perhaps the USD was oversold on a release that was in line with expectations.

S&P Rises to a Two Year High on Announcement of Fed Stimulus and Jobs Data - November 5, 2010 18:00

The stock markets around the world have rallied substantailly in the last 48 hours on announcement of the US Federal reserves stimulus package. The S&P 500 is up 2% and is now at a two year high. Risk appetite has led to widespread Dollar weakness with cable testing 1.63 and EUR/USD reaching 1.4280.

Is the Fed’s Stimulus Package and Inflation Time Bomb? - November 3, 2010 18:24

The Fed’s announcement will be upon us very soon. Traders now wait with baited breath to see whether the Fed will deliver just what everyone expects them to deliver. They will probably restart the asset purchasing program this evening even as growth is expected to accelerate to 2.6 in the second quarter of next year. […]

Global Stocks Rally On Fed cash injection announcement tomorrow - November 2, 2010 19:16

Global Stock markets have continued to rally today amid expectations of stimulus packages. Benchmark US Stock indices have reached 6 month highs. Risk appetite is firmly back in place in the markets with speculators contemplating the measures that will be brought into the market place to stimulate the US economy and the upcoming election results […]

US ISM Expands at a faster rate than expected - November 1, 2010 18:09

The world’s largest economy has today posted Manufacturing activity gains at the fastest pace in five months. The ISM Index has advanced from 54.4 last month to 56.9 this month. This release represents a significantly better than expected growth in this sector amid forecasts for 54.0. Economists are arguing that Manufacturing is at the head […]