Market In Review 06/2023
It was a roller coaster of a week after super Thursday saw the central banks of USA, UK and EU all raise rates but indicate that they are close to the end of the cycle.
Market In Review 04/2023
Despite the Fed heads jawboning, which bonds reacted to but stocks did not, the market ended last week jubilant that a soft landing is likely.
Market In Review 03/2023
Despite US earnings downward revisions, despite Bitcoin adding 21% this week, despite gold adding $54 or 3%, despite bonds coming off – everything is awesome!
Market In Review 02/2023
Bonds smashed, USD smashed, Oil smashed whilst stocks, gold, crypto spring higher. This all on the back of the first major news event for the year, the USA Non-Farm Payrolls
Market In Review 47/2022
Stocks, bonds and currencies all had a quiet week, which is kinda nice after the crazy moves post CPI and FTX debacle.
Market In Review 43/2022
After a week of choppy directionless trading the market took a lead from a WSJ article hinting that the Fed is close to finishing their rate rises. 75 basis points is locked in for the meeting next week, but after the article suggests the Fed will slow down. This is what the market has been waiting for and risk off took off.
Market In Review
What a show we had last week. UK shenanigans from both the BoE and 10 Downing St had Pound, Gilts and Footsie swinging wildly.
Market In Review 41/2022
Bad news is “good” for the market and good news is “bad”, as a healthy unemployment report and 50 year low number for the USA, sends investors panicking to offload risk assets. The cat was very much dead on the bounce this week.
Market In Review 39/2022
We note that 8 central banks raised rates this week and now global recession is inevitable after this very volatile week. Even JayPow used the dreaded R word in his presser as he flipped from hawkish and dovish commentary.
Market In Review 36/2022
US stocks ended the week on a downer. It looked like late in the week it had stopped right on the 61.8% Fib level and found support, maybe even a bounce. That seemed to be confirmed on Friday when US Non Farm Payrolls came in with mixed results.
