Angus Campbell, Capital Spreads

Morning commentary: Capital Spreads

Read more of Angus’ commentary at www.capitalspreads.com

Spanish unrest resembles Greece

26 September 2012
Spain is slowly becoming like Greece as the riots escalating in the country are slowly but surely resembling its smaller European counterpart.

New state bank unlikely to help much

25 September 2012
Plans for a state bank have been batted around for a while, but as with most things that politicians suggest and implement in practice it is unlikely to make any huge difference.

Silly season gets underway as politicians try to right their wrongs

24 September 2012
The silly season of the political party conferences is underway and to kick off the junior partner in the Coalition government has stuck its neck on the line by calling for higher taxes.

A case of pushing the ball another few paces down the road

20 September 2012
The Central Banks rewriting of every piece of economic common sense continues unabated.

Bank of Japan doesn’t want to feel left out

19 September 2012
The insatiable appetite for monetary stimulus around the world continues as the Bank of Japan has joined the party in an equally desperate attempt to try and get its economy moving again.

Spain bond yield spike attracts sellers back to equities

18 September 2012
The old worries just don’t seem to want to go away as Spanish bond yields creep higher taking them back above 6%.

Can markets now make it to new highs?

17 September 2012
After a euphoric week where equities enjoyed substantial gains a little bit of a reality check is just bringing a few investors back down to earth this morning.

Bernanke brings relief to the markets

14 September 2012
After what some may have labelled as a gentle day during UK trading hours, the US markets opened and Fed Chairman Ben Bernanke took his stand to bring some relief to the market bulls.

Big day for Bernanke ahead of FOMC meeting

13 September 2012
Today is Ben Bernanke’s big day and with such a build up to the FOMC meeting, which takes place later today, any lack of stimulus measures will probably be taken badly by the market.

All eyes on Germany’s constitutional court

12 September 2012
Today sees one of the major risk events take place with the German constitutional court ruling due to announce that the ESM is in fact legal and the euro project can continue on its way.

Worries over China hit UK retailer Burberry

11 September 2012
A worrying piece of corporate news this morning has come in the form of Burberry’s profit warning which has seen the stock open down 17% on the open.

Markets in respite mood this morning

10 September 2012
After last week’s euphoric buying spree across global indices markets are in respite mood this morning as they contemplate the chances of the US’s Federal Reserve taking similar action to the ECB.

Bulls carry indices even higher

7 September 2012
Super Mario can almost lay claim to his name after announcing his plans to “do whatever it takes” to save the euro.

All eyes on ECB today

6 September 2012
All eyes on the ECB today but already we have seen leaks from the central bank which has almost entirely told us what to expect.

Investors testing their nerve ahead of ECB meeting

5 September 2012
Investors are having their nerve tested in the run up to tomorrow’s ECB meeting which is seen by many as crunch time for not only the eurozone but the global economy as well.