Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. Gold and silver have been holding to very narrow ranges since our last note, with gold centred around $1,700/ounce and silver revolving around $15/ounce. […]
Yet again the Fixed Income markets have been driven around more by sentiment and fear than by facts — FIU
The press is dominated by the timing of any reduction or cessation in the Fed’s current policy of open ended Quantitative Easing. That means that when any FOMC member makes an appearance than the first reporter’s question seems to be always as to when the Fed will be “tapering” it’s current policy. It was only […]
Distortions are all over the markets again – shows so many in the market really lack the conviction of their statements — FIU
And the risk markets are always hoping for Central Banks to intervene and to bail them out. This continues to look like a pyramid scheme. The latest optimism comes today from a Chinese press report suggesting that the Chinese will cut the Reserve Requirement Ratio in the coming weeks, ahead of most analysts expectations. It […]