Morning Roll Call

In a relatively quiet day for market movement and momentum the main USA bourses closed up on extremely positive data concerning the USA factory orders and the ADP jobs print. U.S. companies increased payrolls by 191,000 last month, up from a revised 178,000, figures from the ADP Research Institute in Roseland, New Jersey, showed. The […]

A raft of positive data readings from the USA ensured that a positive mood enveloped the USA bourses throughout the afternoon trading sessions. According to the ISM manufacturing report the USA economy grew for the 58th consecutive month and the manufacturing sector expanded for the 10th consecutive month. The ISM index optimism was supported by

The main markets in the USA rallied hard on Monday due to the subject of QE returning to the investment landscape. Naturally, the tapering that the Fed are currently engaged in will be brought into question after Federal Reserve Chairwoman Janet Yellen stated on Monday that the recovery still feels like a recession to many

The main bourses in the USA closed down marginally on Thursday despite there being some positive data published regarding the USA economy. The USA weekly unemployment claims fell to 311K a fall of 10K on the previous week whilst the 4 week morning average fell to 317K a fall of circa 9.5K. Also the USA

There was a late selloff in the USA on Wednesday which left investors temporarily bemused, however, the bemusement was temporary as the news that one of the major USA banks, Citigroup, failed the stress test and other major banks in the USA will have to modify their business plans was the cause of the sudden

There were three key releases from the USA which overall delivered fairly mixed messages regarding the USA consumer’s appetite for risk and their overall sentiment. From the USA we received the latest Conference Consumer Confidence index print which showed an improvement month on month. Rising to 82.3 from the previous reading of 78.3 in February.

Equity indices sold off sharply during the two trading sessions on Monday due to the participants at the G7 meeting suggesting that more sanctions and pressure could be applied to Russia for its encouraging of a annexation of the Crimea. In the USA the disappointing data print from Markit did little to cheer the USA

There was mixed data coming out of the USA on Thursday, however, the main indices brushed off any lingering doubts regarding the Ukraine/Crimea crises and any negative readings emanating from any USA publishers to close up on the day. Existing home sales came in below expectations at an annualised rate of 4.60 million for February.

The USA central bank announced on Wednesday that it was lowering its monthly bond purchases under its quantitative-easing stimulus strategy from $85 billion last year, citing improvements in the job market and economy. The Fed has undertaken three rounds of bond buying since 2008, swelling its balance sheet to a record $4.2 trillion. Federal Reserve

Germany’s confidence has apparently been hit by the Crimea crisis according to the latest ZEW reading which fell by a highly significant 9.1 points to 46.6. As to whether or not this is a convenient excuse will not become apparent until the next reading is taken. The USA published its latest inflation figures on Tuesday