As the FX markets reopened on Boxing Day, liquidity and consequently the trading in currencies was significantly reduced, as many institutional traders at major banks and funds remained out of the markets, or on holiday. Many currency pairs experienced whipsawing conditions during the trading sessions, which provided both challenging conditions and opportunities for many retail […]
As short sellers of USA equities are heading for their worst annual performance since 2013, many investors and analysts will be asking the question; how much higher can equities rise in 2018, now the major reason for their stunning returns of 2017 is no longer a catalyst? The DJIA equity market in the USA has
Throughout 2017, the promise of Trump’s flagship tax cutting programme, has bolstered the value of equities, as investors have immediately translated the cut as substantial increased profits for major corporates, leading to increased shareholder rewards and dividends. With the programme now only a step away from becoming law, it would appear that the markets have
The Trump flagship tax reform programme took a step closer to becoming law on Tuesday. Having passed a vote in the House of Representatives, the bill now passes to the Senate for final approval on Wednesday, before Trump gets the opportunity to sign off the reduction into becoming law. Questions as to what it must
Once again the main USA equity markets rallied on Monday to set new record highs. The dissent and disagreement amongst Republican politicians over the tax plan, appears to have been solved and the expectation is that a vote could now take place as early as midweek, with the prediction of a win in the House
Trump was inaugurated in January, having been successful in the USA’s election with the pitch to “make America great again”. It’s taken a year for his Republican Party to finally arrive at the stage were just one of his key election promises looks like it’s coming to fruition; tax cuts. However, the USA electorate were
As widely expected the FOMC raised the upper bound interest rate to 1.5%, the Fed’s committee also confirmed that it would begin to reduce it’s massive $4.5 trillion balance sheet, by $20b a month, beginning in February 2018. The FOMC also committed to repeat the exercise witnessed in 2017; raising interest rates three times in
USA markets closed up on Monday with certain major indices setting record highs, investors entered the last two trading weeks before Xmas, whilst keeping their minds focused on the FOMC meeting, which is due to conclude on Wednesday. The overall consensus is leaning towards a rate rise to 1.5% being announced, with the FOMC keeping
The current, dominant, political issues in the USA, were underpinned by encouraging fundamental news, sending the SPX and DJIA indices to record highs on Friday. The tax reform programme looks set to become law and the U.S. government avoided a scheduled shutdown (due to its $20+ trillion debt), as lawmakers agreed to a temporary debt
The U.K. pound rose sharply versus its peers during Thursday’s trading sessions, as optimism regarding the U.K. position on Brexit improved, with the European chief negotiator Michel Barnier suggesting that he’d extend the time before he has to report to E.U. commissioners with regards to progress, which would then allow trade talks to open. From
