Fears of a return to protectionist policies were raised again last week after the Swiss National Bank (SNB) announced that it would be directly intervening in t... Read More >
“To prophesy is extremely difficult – especially with regard to the future”. Chinese proverb
Last week threw up plenty of surprises, and if there is anything... Read More >
NZD
The New Zealand Dollar was hit with a triple whammy of negative news last week. First up was the quarterly survey of Business Opinion results out for the D... Read More >
In Shakespeare’s Hamlet, Polonius utters the immortal words “Though this be madness, yet there is method in’t”.
Last week’s major piece of news saw the Bank of... 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 >
Out of the Frying Pan and into the Fire
According to author Chuck Palahniuk “Only after disaster can we be resurrected.” One can only hope that this is true for... Read More >
Bold moves from Governments around the globe kept currency markets busy, and equity markets buoyant throughout the week. The US Government announced a bailout p... Read More >
BOE minutes yesterday revealed that the recent monthly meeting which resulted in a 150bp cut was a unanimous decision; a result that was largely priced into the... Read More >
Equities bourses dominated direction among major currencies yesterday. Japans Nikkei 225 hit its lowest close in 26 years, as importing stocks were sold off due... Read More >
It was the perfect storm for Sterling on Friday, with the release of the Q3 GDP figure inciting the biggest daily fall against the Dollar, and causing Sterling ... Read More >