In the market Archive

Market Update - (30/4/2010)

Following the announcement of a 3 year plan by EU and IMF for Greece jitters in the markets have calmed down a bit over the last 24 hours. However, with details to be revealed over the coming days and more...

Market Update - (28/4/2010)

Following the sell off in peripheral fixed income markets in recent days the pressing issue for Europe and the IMF is now how to contain risks with the Greece panic spreading over to Portuguese govern more...

Market Update - (21/4/2010)

Equity markets have given back some gains made since the start of the month in the recent days. News broke on Friday that the SEC (the Securities and Exchange Commission) was filing civil fraud action more...

Market Update - (24/3/2010)

Equity markets have rebounded from the January sell off and are now trading ahead of year end levels. In fact, the risk aversion seen in January has been reversed as commodities and corporate bonds ar more...

Market Update - (24/2/2010)

The issues around creditworthiness of governments continued to cause volatility in financial markets in February. Currently concerns are focused on the situation in Greece, which have been given four more...

Market Update - (28/1/2010)

Investors’ sentiment turned negative in the third week in January, as a result wiping out any year to date gains for equity markets. Risky asset classes which had been benefiting from the stabilisatio more...

Market Update - (29/10/2009)

Irish Banks sold off sharply since the start of October as Bank of Ireland and AIB are both over 40% lower than the year to date high level reached in mid September. However yesterday both banks suffe more...

Market Update - (22/10/2009)

Equity markets have responded positively to the start of the third quarter earnings season in the US and although it is still early days to drag conclusions, of the sixty six S&P 500 companies that ha more...

Market Update - (18/9/2009)

One year after Lehman Brothers’ filed for bankruptcy, global financial markets and the global economy has entered the recovery phase. Risky asset classes such as equities, corporate bonds, and commodi more...

Market Update - (3/7/2009)

The equity market rally which started in March has levelled out in recent weeks leaving equities flat in June. However attitude to risky assets continued to improve as the VIX index, a measure of vola more...

Market Update - (15/6/2009)

Risky assets have rallied strongly since early March as investors repositioned their portfolios, moving away from the extreme risk aversion that had been function of markets since September 2008 when more...

Market Update - (27/4/2009)

Dow +1.50% at 8076, S&P +1.68% at 866, Nasdaq +2.55% at 1694, N225 +0.21% at 8726, HK -2.77% at 14836, AUS +0.52% at 3731 US equities finished higher on Friday, though the Nasdaq was the only major more...

Market Update - (18/3/2009)

Equity markets have rebounded strongly in the past week, most notably the S&P 500 which is now trading 15% higher than its recent low on March 9th. This rebound comes after a sharp sell off, where the more...

Market Update - (22/1/2009)

There may have been a new president inaugurated in the United States yesterday but that did not prevent a sharp decline in equity markets there. Stocks have been hit by the continuing flow of weak eco more...

Market Update - (1/12/2008)

It was an historic month as the US elected its first African-American president, but there was no ‘Obama bounce’ in equity markets. Volatility remains rife as equities extend their retreat, since Lehm more...

Market Update - (24/10/2008)

Early October saw the first real step towards global easing, as the Fed was joined by the ECB, BOE, Sweden, Canada and Switzerland in a co-ordinated interest rate cut. Significantly, Chinese authoriti more...

Market Update - (2/10/2008)

September appears to have lived up to its reputation as the worst month of the year for equity markets, with Europe closing down 11% and the S&P 500 in the States off almost 9%. Similarly, it was a d more...

Market Update - (25/9/2008)

In has been an unprecedented month for markets, the ongoing financial market crisis saw more twists than the Da Vinci Code. It began with the US government’s commitment to shore up wholesale mortgage more...

Market Update - (22/9/2008)

The ongoing financial market crisis took a dramatic turn for the worse last weekend. Investment bank Lehman Brothers had to file for bankruptcy after talks on a takeover by other banks failed. Bank of more...

Market Update - (20/8/2008)

Where we are at! Amid slow summer trading August saw investors focused on weaker growth prospects for the global economy. Across global equity markets the tone was lacklustre with equity markets d more...

Market Update - (23/6/2008)

The Background Equity markets stumbled into the New Year and traded much lower across the board, as investors toyed with the idea that the US economy may slip into a recession in 2008 and result in s more...

Market Update - (27/5/2008)

The severe earthquake in Sichuan in May has resulted in a massive loss of lives and properties in the affected areas. Our thoughts go out to the thousands of people who have lost dearly in this natura more...

Market Update - (30/4/2008)

Unsettled Equity markets continue despite April seeing the main markets making decent gains. The optimists are looking for a "V" shaped (i.e. quick) recovery and point to evidence in the US of strong more...

Market Update - (20/3/2008)

The weekend sale of America’s fifth largest investment bank, Bears Stearns to JP Morgan for a grossly discounted price, shattered investor’s confidence and sent equities lower. Investors sought out sa more...

Market Update - (18/2/2008)

Investor’s aversion to riskier assets continued in February as equity markets continued to trade lower, albeit at more subdued levels than that seen in January. News at the beginning of the month that more...

Market Update - (21/1/2008)

Markets are trading sharply lower this morning in Europe, and are down between 4-5% across the region. This follows a sell off in Asia overnight, where the major indices traded 3-5% lower. There is li more...

Market Update - (16/1/2008)

Equity markets got off to a shaky start to the year, with both markets and central banks becoming more pessimistic about the outlook for the US economy and the impact that may have on the global econo more...