by Patrick Kilduff | Jun 25, 2019 | Macro Round-up
The next UK Prime Minister is to be chosen by the 160,000 members of the conservative party in a postal ballot. That such a decision is being made by a tiny proportion of the population is not a ringing endorsement of the UK democratic process, something that may be...
by Derek Heffernan | Jun 25, 2019 | Weekly Market Commentary
Weekly Market Comment – June 24th 2019Last week was a risk on week for Global markets. In the US the FED primed investors for a rate cut this year. They removed the word ‘patient’ from their statement signalling a willingness to cut rates. This lifted the...
by Derek Heffernan | Jun 17, 2019 | Macro Round-up
In a relatively quiet week for economic releases Donald Trump returned to twitter with gusto. As is typical, the tweets were a stream of consciousness. From a macro perspective he complained about EURUSD, the Russian gas pipeline to Europe, the Federal Reserve and the...
by Derek Heffernan | Jun 17, 2019 | Weekly Market Commentary
Weekly Market Comment – June 17th 2019 The major stock indexes posted slight weekly gains amid quiet trading, cooling off after the big rally the previous week. The first half of June has seen a strong reversal of the May sell-off. Technology stocks, despite...
by Patrick Kilduff | Jun 10, 2019 | Macro Round-up
Unsurprisingly, Trumps threat of Mexican trade tariffs were rescinded. This follows criticism from US farmers, auto manufacturers and the general business community. Interestingly, not a single Republican politician announced their public support for these proposed...