Author: Mark Sturdy

We judge the Euro is at risk of further serious weakness. The symptoms of this crisis, the build of government debt through running too large budget deficits over time as a matter of economic policy, are being addressed But is...

The FX Trader’s view – In 2009 the GBP/CHF cross rate began a recovery following a major low point at the end of the previous year. After a deep pullback some positive signs are re-emerging now. WEEKLY CHART: The...

The Commodity Specialist view – Early 2010 negative signals in the CRB Index called for a bearish stance, with the Feb/Apr recovery attempt viewed as temporary. A subsequent resumption of the bear move has now seen the...

The Macro Trader’s view: Equity markets had enjoyed a solid rally until a couple of weeks ago when the Greek debt crisis morphed into a full blown Euro zone Sovereign debt crisis. The reaction from traders was swift;...

The Commodity Specialist view – The recent breach of last December’s peak was brief, but the current chart structure does not indicate fatigue. Higher prices are likely before better resistance could be seen. GOLD...

The FX Trader’s view – From the early March high the slide back in EUR/GBP has turned from what might have been a simple correction in a larger bull move into an early indication of a medium term bear phase, though...

We wrote a Market Update on the day of the UK General election outlining 3 possible scenarios for the Gilt market post-election. We noted how we thought the market would rally on two of the possible outcomes: 1. An outright...

The FX Trader’s view – Twice before, this year, the downmove in the EUR/CHF cross has shown signs of trying to find a decent support level, but with bears then driving values lower. For a third time, now, the chart...

The Commodity Specialist view – This year’s bear run has continued, with not much interruption. Earlier support points have fallen by the wayside but, now, a long term 76.4% retracement level has been reached, where...