Market Overview

Originally published by AxiTraderMarket Summary (7.44 am Friday June 1)Welcome to the modern day Smoot Hawley folks. Whereas earlier this week I characterised the Italian induced market turmoil as a...

Originally published by Cuffelinks “We will not allow the Government to lecture us when they argue that tax loopholes for the wealthy are actually a secret socialist mechanism to redistribute...

Originally published by IG MarketsVolatility begets more volatility. Just as dramatic as the breakdown for US indices was on Tuesday, the subsequent recovery rally was enjoyed its own remarkable...

Originally published by Rivkin SecuritiesThe Dow Jones gained 1.3% overnight, recovering most of the losses from the prior session, and the S&P 500 was up a similar amount. All sectors were...

Originally published by CMC MarketsEquity markets are largely higher today as the fear surrounding Italy has cooled in the wake of the successful government bond auction.Europe The Italian government...

Originally published by AxiTraderMarket Summary (7.37 am Thursday, May 31)What a difference a day makes. My hypothesis that the players in the Italian political turmoil got the shock of their lives...

Originally published by IG MarketsFollowing an extended holiday weekend for the United States and the United Kingdom, equity markets in the west were forced into a nasty spill through Tuesday’s...

Originally published by Rivkin SecuritiesThe Dow Jones had a weak session overnight, falling 1.6% with financials leading the decline. All of the large bank stocks in the US are now down for the year...

Originally published by AxiTraderMarket Summary (7.35am May 30 2018)This is what happens when people think they are playing chess but are in fact playing poker. I’ll have more to say on that in...

Originally published by CMC MarketsPolitical turmoil in Italy and Spain has rocked investor sentiment in Europe.Europe Carlo Cotarelli will act as interim Italian Prime Minister to steady the ship,...

Originally published by Guppytraders.comThe double bottom pattern in the S&P 500 is developing. This is the dominant pattern in the S&P index and it is bullish. However, the pattern...

Originally published by CMC MarketsAn ongoing slide in oil prices will likely cruel investor sentiment in Asia Pacific trading today. With both UK and US markets closed overnight major share market...

Originally published by AxiTraderWelcome to my daily Markets Musings – early today as I’m on Sky between 6.15am and 7am. Feedback always welcome GregMarket SummaryNormally the Tuesday...

Originally published by CuffelinksSince the GFC, bank capital levels and the number of bank regulations have skyrocketed in amount and impact. The unquestionable thrust of Basel III has been for...