Entries by Wyn Thomas

Weekly Market Commentary 10th May 2019

NEW TARIFFS MARK LAST GASP BID TO FORCE TRADE DEAL This week the collapsing state of US-China trade relations has roiled markets. Talks appeared to have broken down after US trade negotiator, Robert Lightizer, accused China of reneging on what little the two countries had already agreed on. The opening shots in a new trade […]

Weekly Market Commentary 3rd May 2019

FEDERAL RESERVE CHAIRMAN CONTINUES TO DEFY MARKET EXPECTATIONS This week, while we await the results from local council elections, there was a chance to indulge in the sport of interest rate speculation; an old favourite from “the before times” when simple things like the strength of the global economy were all we had to worry […]

Weekly Market Commentary 26th April 2019

EUROPEAN ELECTIONS PUTS BREXIT TALKS ON HOLD This week, after a delightful break, we get back to Brexiting. True to form, whatever small signs of progress there might have been have evaporated after cross party talks were reported to have ended without progress; it looks likely now that nothing will happen until after the elections. […]

Weekly Market Commentary 12th April 2019

BREXIT DELAYED UNTIL OCTOBER This week the Brexit saga took another step towards its ultimate outcome, dragging on into infinity. A conditional delay to the end of October 2019 is welcome but unlikely to change anything. Hopefully government will use this time to come up with a workable solution, but don’t be surprised if we […]

Weekly Market Commentary 5th April 2019

EUROPE’S LARGEST MONEY LAUNDERING SCANDAL This week we take a brief Brexit respite to focus on what could be the biggest money laundering scandal in history. Between 2007-2015 around €200bn of non-residential flows was passed through Danske Bank’s Estonian branch unchecked. The Danish firm bought Sabro bank in 2007 to expand its Baltic operations but […]

Quarterly Market Outlook Spring 2019

REVIEW OF THE PAST QUARTER: Markets have rebounded from last quarter’s selloff as investor sentiment picked up. This has been driven by a perceived change of heart at the US Federal Reserve where it is expected they will stop hiking rates and become more cautious. In addition, thawing tensions between the US and China have […]

Weekly Market Commentary 29th March 2019

PARLIMENTARY VOTES MAKE BREXIT NO CLEARER This week we have had yet more votes on Brexit and are still no clearer about what will ultimately happen. As we write this the government is having yet another go at getting its universally despised deal over the line, but this time with the fun twist that her […]

Weekly Market Commentary 22nd March 2019

EU OFFERS BREXIT EXTENSION In what is fast becoming a real-life soap opera, this week’s episode of Brexit saw the narrative pick up the pace. John Bercrow kicked things off by quelling Theresa May’s “if it doesn’t work try try again” approach of pushing the same deal through only to get continuously rejected by parliament. […]

Weekly Market Commentary 15th March 2019

WILL THE EU AGREE TO A LONGER EXTENSION? This week we have to turn our attention yet again to Brexit. After a series of votes and high political drama it came as a surprise to no one that we find ourselves in exactly the same position as before. Theresa May has been told again that […]

Weekly Market Commentary 8th March 2019

US-CHINA TRADE WAR TAKING ITS TOLL This week we received further evidence of the US-China trade war taking a toll, with data showing Chinese exports reportedly dropping 21% year on year. While some of this is down to a slowing global economy, the falling out with Donald Trump isn’t helping. This comes alongside data showing […]