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Market Commentary (10)
Welcome to June and the brief arrival of summer in the UK yesterday!
Market Commentary: Friday 31st May
Some weak Chinese economic data overnight has increased the expectation of the pace of fiscal and monetary policy to come. Official manufacturing and...
Market Commentary: Thursday 30th May
Stocks had a poor night, the Nikkei is down -1.6% as is the Hang Seng and there is a Risk Off atmosphere going into month end. Not even a press release from...
Market Commentary: Wednesday 29th May
Overnight we have had CPI data from Australia, coming in at 3.6%, above the 3.4% forecasted. The previous reading was 3.5%, with increasing rent, alcohol and...
Market Commentary: Tuesday 28th May
Stocks have been rangebound overnight, the Hang Seng +0.05% whilst the Nikkei is down -0.06%. Chinese property shares advanced after Shanghai lowered...
Market Commentary: Friday 24th May
Overnight, Asian equities have dropped on the back of robust US employment data reinforcing expectations that the Fed will hold interest rates higher for...
Market Commentary: Thursday 23rd May
There are now 3 certainties in life; death, taxes and Nvidia outperformance. Don't burst the bubble yet, second-quarter revenue will be $28 billion, beating...
Market Commentary: Wednesday 22nd May
The big news this morning is UK CPI print - survey 2.1% YoY headline and 3.6% YoY core - actual numbers came in at the time of writing and have been top side...
Market Commentary: Tuesday 21st May
Whilst the VIX is sitting on the yearly low, other markets are more volatile. Wheat rallied to fresh highs, posting a 2+ standard deviation move to the upside...
Market Commentary: Monday 20th May
Metals, Base and Precious have made the headlines overnight as the price of copper and gold both climbed to record highs. The Dow Jones Industrial Average, a...
Market Commentary: Friday 17th May
The main overnight news on the data front was that China’s retail sales grew at the slowest pace since 2022 while industrial production accelerated,...
Market Commentary: Thursday 16th May
Overnight the Japanese Yen has risen against the Dollar, strengthening 0.5% to ¥154.10, this comes as Japanese QoQ GDP came in at -0.5%, on the back of a...
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