US Indices

Equities volatility is back but have we actually seen the top?

Global equities had been on a 9-year rally since 2009, with the bottom being at the peak of the 2008 Global Financial crisis. This rally has been so strong that many global indices have gone up in a straight line, registering gains up to 300% over that time period with volatility hitting historical lows. 

italy colosseum

Do the Italian Elections pose a risk to the EZ recovery and affected assets?

Sunday the 4th March is the day of the 2018 Italian parliamentary elections, and this has been a highly anticipated event. We’re going to discuss the various outcomes and their probabilities, but first we’re going to talk about the current market sentiment.

Bonds

Is the market’s fixation on Bonds justified?

Global bond markets had been in a bull market for around 2 decades, having had arguably their best run in history. This has been a prolonged and strong trend, which at times looked unstoppable.

Bitcoin, the future or just a gamble? (2)

This week we saw Bitcoin breach the $10,000 mark and continue in a near-vertical ascent that has some people scratching their heads and others celebrating their incredible gains.

Do USDJPY & the Nikkei tell a different story?

Over the last couple months as a Japanese investor, the moves have been nothing less of extraordinary. Since the end of August to a couple weeks ago, the rally of 22% was unprecedented as the market took cues from the other global equity markets hitting all-time highs in many cases (US, German, etc.) and the […]

JPY crosses: Where to now?

The Yen has been consolidating in price since 2016, following two major moves since the global financial crisis. The 4-year bear move from 2008 till 2012 saw the USDJPY drop from 123 to roughly 75, nearly 40% lower.

Will the catalonia effect sink the EUR?

Tensions have been recently rising in Spain, particularly in the run up to the Catalonia independence referendum. The Spanish constitution explicitly forbids such a referendum, but this didn’t stop the Catalans from trying to have it.

$ long setups in anticipation of a reversal

The Federal Reserve announced on the 20th September that it would begin its multi-trillion Dollar balance sheet reduction as planned, starting October 2017.

Is the Euro’s 2017 rally sustainable?

The Euro has been one of the star performers of 2017. We will now try to determine its main drivers of strength, as well as its potential outlook going forward. 

Are the benchmark bonds ready to resume their move lower?

Global bond markets have experienced a monstrous multi-year rally, mainly fuelled by unprecedented easing in central bank monetary policy. Most major central banks have engaged in Quantitative Easing and ZIRP/NIRP since the global financial crisis. As a result leverage and risk-taking were greatly encouraged, as the cost of funds became extremely cheap. This led to […]