Biden his time as Trump leaves the stage

The return of US markets from the Martin Luther King holiday saw stocks drive higher as the US gets ready to swear in a new president for the next four years.

20 Jan 2021

Yellen US-China cold war comment fails to puncture risk-on behaviour

The US stock market started the week on a positive note after it resumed trading from a public holiday on Monday.

20 Jan 2021

Yellen testimony re-assures

Treasury Secretary nominee Janet Yellen testimony to the US Senate overnight re-assured markets that policy is on track to support the economy. Bond yields eased and the US dollar slipped, despite her rejection of any weak dollar policy. Share investors’ focussed on her pleas to target small businesses and the unemployed for fiscal support, lifting technology stocks and smaller companies.

20 Jan 2021

No signs of chill in Netflix share price after Q4 results

Online streaming platforms have been the big winners of the last 12 months, with the Netflix share price up over 50% in that period

20 Jan 2021

Sentiment muted as Yellen speaks

Traders spent much of the day waiting to hear from Janet Yellen, the future US Treasury Secretary, so volatility has been low.

20 Jan 2021

No negative feedback loop from BOJ’s tapering guidance; Hong Kong & China Tech outperforms

Despite the closure of US stock market yesterday, 18 January for a public holiday, Asian stock markets were still able to find a solid footing.

19 Jan 2021

European stocks set for higher open, as Yellen prepares to face US lawmakers

A lacklustre trading session for Europe in the absence of US markets yesterday, saw European equities finish the day rather mixed

19 Jan 2021

Earnings to drive the week

A benign market calendar and a US holiday overnight indicate that corporate earnings could drive action for the rest of the week. Yesterday’s stronger than forecast China GDP and industrial production data boost the macro outlook, balancing the economic risks of rising Covid restrictions.

19 Jan 2021

Markets quiet amid US holiday, oil stocks impair FTSE 100

Volatility in stocks has been low today because there have been no exciting headlines to spark interest in one direction or another.

19 Jan 2021

Is London set for IPO bonanza?

2021 looks like it could see a strong start for the London IPO market with the announcement of a couple of new issues

18 Jan 2021

Europe set for lower open on delayed recovery concerns, China retail sales disappoint

After the early week exuberance of the first week of 2021, investor appetite for risk has taken a little bit of a knock in the last week or so,

18 Jan 2021

Who are the rising stocks of the Sixers?

18 Jan 2021

New lockdowns bring caution

New Covid outbreaks in China are adding to European and US fears about the resurgent virus. On Friday night markets responded with a sharp scramble to safety. Shares and crude oil broke recent winning runs, and bonds rallied as international investors turned to the US dollar.

18 Jan 2021

Stocks slide as health fears resurface, US dollar jumps

Stock markets in Europe are deep in the red as we approach the last trading day of what has been a quiet week.

16 Jan 2021

Markets slip on delayed recovery concerns, US bank earnings in focus

Most of what President-elect Joe Biden announced yesterday, with respect to a fresh fiscal aid package for the US economy, was pretty much in line with expectations, $1.9trn worth of support

15 Jan 2021

Sentiment cools post Biden’s $1.9 trillion stimulus, UK GDP in focus

European equity markets posted moderate gains yesterday as the mood was lifted by the expectations that President-elect Joe Biden would announce details of a new stimulus package.

15 Jan 2021