Well the season of good will is over for yet another year and attentions turn back to the markets and the fact that the UK forecast is downbeat. The Christmas v... Read More >
As was to be expected yesterday was a quiet day with data flow not affecting markets by much and trading very thin on the ground.
GDP data out of the UK showed... Read More >
Dollar strengthened its net position over the course of the day on a number of factors all stemming from one single issue: risk aversion.
The automakers bail o... Read More >
Sisyphus, a mythological Greek figure, was cursed with the perpetual task of rolling a huge boulder up a steep hill, yet each time the rock reached the top it w... Read More >
US car makers got their Christmas presents early this year as the US government laid out plans of a $17.4bn rescue package to keep the big 3 out of bankruptcy. ... Read More >
Winston Churchill was a man after my own heart. He said "A politician needs the ability to foretell what is going to happen tomorrow, next week, next month, and... Read More >
Sterling had one of its worst days in recent memory against the euro yesterday with a 4 cent move from high to low. Data from the UK and Eurozone compounded thi... Read More >
It promised to be an interesting FOMC meeting and Ben Bernanke did not disappoint. By cutting rates to the lowest level in 95 years the Fed is running out of th... Read More >
Sterling takes a Pounding.
All is not well on the financial front line. Last week we saw sterling break through fresh barriers and reach historic new lows aga... Read More >
Yesterday was a day of retracement with both the dollar and euro losing ground to an emboldened sterling.
Opening the day was investor sentiment that jumped ... Read More >