Opinions

Markets are “nervous” ahead of the referendum in Italy in December the 4th. The Italian stock index FTSEMIB is underperforming compared to the main European indices, weighed down by the heavy performance of the banking sector. Banks, led by Monte dei Paschi di Siena, are really under tremendous pressure and

The Euro is poised to face a big test this week as Italians go to the polls to vote on constitutional reform which threatens to shake the entire Eurozone and place serious pressure on the European currency. The bill, introduced by Italian Prime Minister Matteo Renzi proposes constitutional reforms to

First half of the year for Gold and Silver was amazing. The price managed to break the downtrend line and significantly beat the highs from 2015. In the middle of the year, upswing was further driven by Brexit and fear surrounding Deutsche Bank and generally the whole banking system, mostly

As Things Stand A probability of a December rate hike now sits at 96% according to FED Fund Futures, which is as good as it gets from the market’s perspective, as close to a sure thing as you can expect with one final set of stats due ahead of the

Crude Oil prices ended on a weak note on Friday, as investors prepared for OPEC’s official meeting on November 30 in Vienna, Austria. After several weeks of volatile two-sided trading, I have to conclude that the deal to curtail production will get done, but it is going to go down

Donald Trump is set to embark on some wild economic policies when he takes over the presidency in January, with some fearing the moves will push inflation through the roof on the back of a rising US dollar. Some key pillars of Trumps policies are cutting income taxes, corporate taxes,

It’s pretty obvious on the charts. Trump mentions fiscal spending and the December E-mini Dow futures contract rallies from 17418 to 18918, or 1500 points in four days. Yellen mentions she is staying and the futures market goes nowhere. These could be signs that the market is fed up with

America chose Donald Trump, a billionaire businessman to be the 45th president of the United States, a man of the people, the one who should lead the country and be the leader of the free world. Since Trump spread out his policies, economists and experts vilifying Trump and scorning his views. A

The U.S. presidential election results spiraled through the financial markets last week,  impacting positively on the U.S. stock markets, global equity markets and the US dollar. The Dow Jones 30 climbed by 5% last week – the sharpest jump in five years. The new elected president – Donald Trump, pledge to “dismantle the

One of my biggest takeaways from last week’s volatile price action is that the system worked. Investors had the opportunity to react to react in real-time to fear of the unknown and to express confidence in the known. This is what we wanted all the time, the ability to trade

U.S. equity markets are trading off their session lows at 0752 GMT. The USD/JPY is also rebounding and December Comex Gold is retreating from its high. The markets are relatively calm. This comes as a surprise to traders because these events are taking place despite the fact that Democratic candidate

Election Climate With the U.S Presidential Election overnight tonight, the chances of a Trump victory diminished somewhat in the early hours of Monday, following news hitting the wires that the Director of the FBI would not be proceeding with criminal charges, the 2nd probe appearing to have revealed little to

The current presidential polls indicate that while Democratic candidate Hillary Clinton still holds a lead in most polls, her comfortable 5 point lead from a week ago, has dwindled to about 1.5 points. For several months, Wall Street priced in the view that Clinton could easily become the next president,

Election Climate The U.S Presidential Election is just a week away and, despite an increased possibility of a Donald Trump victory in the race to the White House, the markets have seemingly gone about its business relatively calm considering the possible impact on the financial markets, should the results go

In the movie, The Godfather:  Part III, the main character, Michael Corleone once said these famous words, “Just when I thought I was out… they pull be back in.” Well, I have to say that after Friday’s shocking announcement that the FBI is probing new emails related to Democratic Presidential

Investors have been focusing primarily on the December 13-14, U.S. Federal Reserve meeting recently because most believe the central bank’s monetary policy committee will vote to raise interest rates for only the second time in ten years at this meeting. However, the November 1-2, FOMC meeting could prove to be

  At the beginning of this week Gold futures jumped 1%, a small bounce back after suffering their biggest weekly loss in three years. Do you think this large loss was a once-off, or should investors keep an eye out for another dip in gold prices? I think we’re going

We heard a lot from the Bank of Japan in late September. The Fed was also busy in late September according to the minutes of its meeting released last week. The U.K. has been in the news because of the announced plan to file Article 50 in late March and

We’re in the last quarter of the year, or the homestretch, if you will, in a year in which the financial markets have started to take on the appearance of a “barbell” formation on the charts of the major assets classes. This year saw increased volatility the first six months

Risk taking still valid despite hype. Friday was spent watching DB’s stock slide and entertaining “what-if” scenarios. Yet, we suspect that media continues to overhype the story in order to create a driver in an otherwise calm market. With volatility dropping to lows, we remain confident that investors should continue