Market Overview

This Great Graphic was composed on Bloomberg. It shows two time series. The headline CPI is the white line. It has gone negative and when the flash estimate for January is released at the end of the...

GoldFor over two years now I have consistently recommended excluding gold and gold-related holdings from your portfolio. This advice has paid out extremely well over that time by reducing portfolio...

This week we will cover the ECB QE action, Euro, USD and their implications for global trade. We’ll also update a still-intact rally in gold, silver and the miners along with some (NFTRH+) trade...

The fear of deflation has become the cornerstone of Keynesian economic thought. A lack of inflation has been used to explain periods of economic weakness from the Great Depression of the 1930’s,...

The shockwave set off by central bank announcements last week continues, resulting in major fluctuations, particularly for the euro and Canadian dollar. For the former, tension remains palpable, as...

Over the past couple of weeks we have witnessed a stabilisation in the oil price - Brent has range traded around USD48-50/bbl. Changes in speculative positioning, beginning consolidation in non-OPEC...

As the demonizing of Syriza gives way to post-electoral analysis, its victory is being seen as anti-austerity not anti-EMU. Politics makes for strange bedfellows, and a small conservative party...

Chart 1: Global bonds have outperformed all other major asset classes Let us quickly look at the 12 month performance of all major asset classes. Chart 1 shows three major equity regions: US, Europe...

Market movers today Markets will be digesting the results of the Greek election. On the data front focus turns to the German Ifo index for January. We look for a stronger-than-expected increase to...

We take a closer look at the implication of the ECB QE for the Riksbank. In the short term - i.e. concerning the decision in February - we believe that the board feels quite at ease and without...

On Monday the Australian dollar fell to a new 5½ year low as worries over the quantitative easing program in Europe and the Greek election results, where the Anti austerity party Syriza won by...

The market developments over the past six months have created an environment where a 'crisis' appears all but likely. The world's reserve currency, USD, is now 17% stronger than it was in June on a...

A follow up to my previous post now that we know that the Syriza party has won the election. What comes next will not be easy. And it is not because the policies proposed by Syriza are that radical or...

European markets are trading lower after the results of Greek elections. The euro may remain under pressure along with equity market as traders will digest the outcome of these elections. The Syriza...