Category Archives: Currency Markets

“Declaring war on China’s currency? Ha Ha”….

Posted on January 31, 2016 by VMcCarthy

Last week was another challenging week for mainland Chinese shares, with the Shanghai Composite Index of mainland shares falling -6.14%, bringing the decline in January to -22.65%. The index is now down -47.01% from the bubble high reached in June … Continue reading →

Posted in China, Currency Markets, Thoughts | Comments Off

Weekly Market Update: January 25th 2016

Posted on January 25, 2016 by VMcCarthy

Market Recap After a difficult start to the week, most of the major equity indices ended the week in positive territory. As expected, ‘Super Mario’ Draghi came to the rescue for markets with reassuring comments that fuelled hope of more … Continue reading →

Posted in Bank of Japan, China, Currency Markets, Equity Markets, European Central Bank, Financial Markets, Market Recap | Comments Off

Greek crisis intensifies, the known unknown!

Posted on June 14, 2015 by VMcCarthy

The Greek drama intensified last week causing markets to move erratically. The on-again, off-again deal between Greece and its creditors is fraying on investors’ nerves as the ending is becoming way too close to call. Early week gains on news … Continue reading →

Posted in Currency Markets, European Central Bank, Financial Markets, Greece, Monetary Policy, Thoughts | Comments Off

Beggar-my-neighbour policies

Posted on March 30, 2015 by VMcCarthy

There seems to be an increasing sense of uncertainty developing on how the US Federal Reserve will manage policy over the next six months. The narrative emerging is that the Fed have backed themselves into a corner on a rate … Continue reading →

Posted in Currency Markets, Monetary Policy, Thoughts | Comments Off

Weekly Market Recap: 25th August 2014

Posted on August 25, 2014 by VMcCarthy

Market Recap The majority of the major equity indices closed in positive territory last week and demand for government bonds saw yields relatively unchanged, with the main central bankers keeping the party going last week. Germany’s DAX equity index was … Continue reading →

Posted in Currency Markets, Economy, Market Recap | Comments Off