International Communique No. 285 - 30th March 2021 EQUITIES SHINE IN MARCH Stocks are ending March with four weeks of consecutive gains under their belt. In contrast, the relative performance [...]
POWELL REASSURES AS SPRINGTIME SETS IN Markets have recently been unnerved by the prospect of resurgent inflation in the US and a consequent rise in interest rates by the Fed. [...]
STRONG TAILWINDS HELPING CYCLICAL STOCKS Sector rotation continued last week as the end of the pandemic drew closer, reflected by continuing progress in vaccination campaigns and fears of inflation. Investors [...]
RISING US LONG-TERM YIELDS SPOOK INVESTORS Last week ended on a mixed note as the various asset classes performed differently. The Nasdaq has given up 10% since its high at [...]
A BITTER FORETASTE The final week of February left investors with a foretaste of what might occur if central banks were to switch to tightening. The correction hitting major market [...]
WIND OF CHANGE IN BOND MARKETS The focal point for investors is now the changing trajectory in the bond markets. Price action on equity market indices – mostly stable to [...]
ROSES ARE RED, VIOLETS ARE BLUE, CASH IS HOT AND STOCKS ARE TOO Last week was quite subdued in equity markets as the main indices chalked up modest gains, helped [...]
DUCKS IN A ROW FOR EQUITY MARKETS The main equity indices had a positive week on the whole despite a resurgent risk-on mood, arising in tandem with the threat posed [...]
DAVID VERSUS GOLIATH The main equity indices receded last week amid a sharp uptick in volatility. The virus is still making worrying headlines as Covid-19 infections worldwide climb above 100 [...]
INVESTORS PIN THEIR EXPECTATIONS ON AMERICA'S MAXI STIMULUS PACKAGE European stock market benchmarks moved sideways last week while the S&P 500 put on 2%, buoyed by hopes for the USD [...]
