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Yellen’s senate confirmation hearing set for January 19

On Tuesday 12 January, President-elect Joe Biden chose the Fed ex-President Mrs Janet Yellen as candidate for Treasury Secretary. The Senate Finance Committee will be holding...

Focus on the Data, but Politics Still in Play

After last week's focus on US stimulus, Brexit, vaccine roll outs, virus worries, and lockdowns, attention will turn back to fundamentals with heavy data...

US Equity Markets Cooler, Swissy firmer, GBP weaker

US equity markets have opened weaker, as doubts over the outlook continue to fester. Specifically, rising virus cases in the US and the resultant...

FX Update – December 7 – USD Bounces, Sterling Flounces

EURUSD posted a correction low at 1.2078 before finding a footing and recovering 1.2100. The low marked a near 1 big figure pullback from...

USA100 holds under extensive pressure

Global stock markets are mostly higher, resuming yesterday's stellar day on Wall Street as the indexes raced sharply higher on surprisingly positive vaccine news...

An overall positive Equity market but lots of caution ahead

Negotiations in Washington over the size and composition of another stimulus package will remain a focus this week. It has been on-again, off-again between the...

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