Weekly Review. The oil shock narrative remained the dominant theme during the week starting Monday 16 March. Especially given it was a week filled with interest rate decisions. The week began positivley enough, mildly encouraging weekend 'war news' (some oil is getting through the Hormuz strait). Combined with NVIDEA'
Weekly Review The week starting Monday 9 March could be described as 'a week of two halves'. The week began with another 'opening gap lower' but similar to the previous week, that initial negativity didn't continue, thanks to suggestions the US IRAN war would soon be
Weekly Review The rising price of oil was the dominant concern for the market throughout the week starting Monday 2 March. The week began with instruments 'gapping lower' following military action in Iran and sentiment remained subdued all week. Interestingly, 'the market' tried its best to hold up,
Weekly Review I found it difficult to form an overall conviction in the direction of the currencies during the week starting Monday 23 February. For the past couple of weeks it has felt like the market was waiting to see if there would be military confrontation between the US and IRAN. This