Silver as an investment

Category Archives: FTSE 100

Euro Surges As Trump Fears Slam Dollar; Futures Poised For New Records

In a replica of Monday’s early trading, European shares are down, this time led by health-care stocks even as the Euro surges above 1.1050, the highest level since the US election. Asian equities rose, while S&P futures were unchanged although we expect the ramp to kick in any second, and take the NASDAQ to another […]

Bill Blain: “Maybe It’s Time To Quietly Exit”

By Bill Blain of Mint Partners Blain’s Morning Porridge – May 15th 2017 “In yacht racing, there is no second.” Ah the joy of a new week! What’s on the recipe today then? My colleague Simon Denehy started the day by pointing out UK 2-year gilts yield 0.12% – (his description of that number was […]

Frontrunning: May 12

World stocks ease off record highs, Fed rate hopes boost dollar (Reuters) Trump Escalates FBI Fight With Comey Attack. The FBI Fights Back (BBG) Trump attacks on fired FBI chief meet resistance (Reuters) China Stocks Are Tumbling Again. This Time, the World Doesn’t Care (BBG) Yuan Becomes Oasis of Calm in China’s Volatile Markets (WSJ) […]

Markets All Too Quiet Ahead Of Inflation, Retail Sales Data

Asian stocks and S&P futures are both feeling the weather this morning, while European stocks are little changed as traders have decided to hold back until today’s key US CPI and retail sales data is released in under two hours. Commodities have posted another modest rebound, driven by a rise in metal prices that has […]

Europe, US Futures Slip Despite Brent Bouncing Back To $51

Asian stocks rose lifted by commodity names; European equities trade mostly lower but with little in the way of conviction or firm direction while the Italian banking index is at the highest level in a year following domestic earnings; S&P index futures are modestly in the red after the cash market closed at a record […]

Global Stocks Dip On Poor US Auto Sales, Apple Miss; Fed Decision On Deck

European, Asian stocks and S&P futures all fall as investors digested poor overnight news on Apple earnings and U.S. car sales, while the dollar rose in muted trading as investors contemplated chances of another rate hike next month ahead of today’s Federal Reserve statement. Europe’s Stoxx 600 fell from a 20 month high as traders […]

Global Stocks Hit All Time High As Fed Meeting Begins

With the Fed set to begin its latest 2-day meeting (no rate hike is expected), S&P futures are little changed with European and Asian stocks higher after the VIX dropped to a 10 year low and the Nasdaq rose to record highs, sending the MSCI All-Country Index back to all time highs, as global markets […]

Europe breaking support, spill over into the states?

How stocks do in Europe, can have an important impact on stocks in the states. Today we look at the patterns in London and Germany, as recent price action could “spill over” into stocks in the states. FTSE 100 Index below- CLICK ON CHART TO ENLARGE FTSE 100 hit resistance line (2) of late and it […]

European Stocks, Futures Rebound As Stronger Dollar Eases Haven Demand

European stocks rebounded after the biggest one-day drop since November, alongside S&P futures, while Asian equities posted modest declines after yesterday’s weak US close. Gold and yen slid, while the dollar gained on the latest Mnuchin comments to the FT according to which Trump was “absolutely not” trying to talk down the dollar. European equities […]

Despite Record Highs, Brexit Still A Losing Bet For Dollar Investors

One day after UK PM Theresa May officially unleashed the Article 50 letter proclaiming the beginning of the end of Britain within the EU, the UK stock market had rallied over 16% since the vote that elites said would bring armageddon. However, remove the support of a collapsed currency and things look very different for […]