• The IndeX Files 21-01-2020

    Buy The Rumour, Sell The Fact? Global equities benchmarks are trading just off their recent highs this week with North American, Asian and European indices all in the red. The moves is likely down to a “buy the rumour, sell the fact dynamic which is playing out on the back of the US and China […]

  • The Friday Forex Takeaway – Episode 16

    Key Points From This Week US – Iran Tensions Subside The week started off in bad shape with risk markets selling off as tensions between the US and Iran escalated. During speeches made during a day of mourning for slain Iranian general Soleimani, Iranian leaders vowed to take revenge on the US. Late on Tuesday […]

  • Top Market Themes 2020

    Rather frustratingly, it seems that many of the big themes set to dominate 2020 will really be an extension of the stories that took centre stage over 2019. US-Sino Trade Negotiations. With an initial trade deal in place, focus will now shift on to the second round of negotiations. The first trade deal is due […]

  • Best Performing Currencies 2019

    British Pound 3.84% It’s been a classic comeback story for the pound this year. After spending three months in free-fall against the dollar, spiralling lower from 1.33 – 1.20 (which actually made it the wort performing currency of the year at the time) the pound has since made an impressive recovery back above the 1.30 […]

  • The IndeX Files 31-12-2019

    Equities End The year At Highs Global benchmark equities end the year well into highs with asset markets around the globe celebrating the beginning of the end for the US-Sino trade war, the evasion of a hard-Brexit in the UK and the still-low money market rates across the G10. The US and China have now […]

  • Running Through The Top Market Themes Of 2019

    US-Sino Trade War The year began positively between the US and China. Following a truce agreed at the G20 summit in November 2018, both sides were engaged in trade talks aimed at delivering a trade deal ahead of the March 29th deadline given by president Trump. Over Q1 risk assets traded positively as media reporting […]

  • Precious Metals Monday 23-12-2019

    Gold The final trading week of the year is typically a quiet one and while no major moves are expected in the metals, there are some important developments worth noting as we head into 2020. Firstly, the continued rally in equities looks set to keep pressure on gold as the US-Sino trade negotiations move onto […]

  • The Crude Chronicles – Episode 18

    Trade Deal & Brexit Optimism Supporting WTI The CFTC COT report showed that net long positions in crude increased by 67,504 contracts last. The total position in WTI crude now stands at 495,539 contracts. This latest increase in upside exposure in WTI crude reflects the optimism and relief among investors in the wake of OPEC+ […]

  • BOE December Meeting Preview

    No Change Expected From Bank Of England Policymakers at the Bank of England convene tomorrow for the December rate-setting meeting and, following dovish guidance at the last meeting, Sterling is trading lower as investors remain wary of dovish risks. Last time around, we saw two BOE members voting in favour of a cut, the fist […]

  • The IndeX Files 17-12-2019

    Trade Deal & Election Resolutions Global equities benchmarks have seen some significant developments in key themes over the course of recent trading, reflected in the current price action we are seeing. On Friday, the US announced that it has now confirmed the phase-one trade deal with China. The deal has been the source of much […]

  • What Do The UK Elections Mean For The Pound?

    Conservative Party Win The results of the 2019 UK general elections showed confirmed the Conservative majority suggested by many of the recent polls heading into the vote. The latest count shows the Conservative party with a majority of 364 seats in parliament, well above Labour’s 203 seats. Once again, the UK’s first-pass-the-post voting systems has […]

  • Labour Sees Late Surge In Last Elections Poll

    UK General Elections Voting Now Open The UK public is voting today as part of its third general in just four years. Far more than recent elections, the 2019 elections have become a major focal point for UK traders and citizens alike. The vast difference between the two main parties over how to handle Brexit […]

  • Examining The Labour Party Manifesto

    Yesterday we broke down the main points from the Conservative party’s 2019 election manifesto. With the Conservative party projected to win the elections, a Labour party win would represent a significant market shock. The impact on the British Pound from such an outcome could be quite severe. This is especially true given the contrast in […]

  • Examining The Conservative Party Manifesto

    Beyond Brexit Tabloid media in the UK has predominantly painted the UK general elections as being almost entirely about the outcome of Brexit. While it is certainly true that the outcome of the election will play a big part in deciding how, or even, if, Brexit is delivered – it is important for investors to […]

  • The IndeX Files 10-12-2019

    Risk Factors Building Up Global equities benchmarks have seen a loss of upside momentum over recent trading. With the year winding down, the risk factors affecting equities (Brexit, US-Sino trade war, central bank monetary policy) remain at large. The UK elections this week should offer some clarity on how Brexit is likely to be handled […]