Angus Campbell, Capital Spreads

Morning commentary: Capital Spreads

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

FTSE adding to yesterday’s gains

31 October 2012
The last few years have been torrid for the City but even more so for investment bankers. Excessive risk taking, disproportionate remuneration and rogue traders have made the investment banker one of the most hated professions that exists today.

FTSE boosted by good news

30 October 2012
Following earlier calls for the FTSE to open lower we reversed our quote as it looked like things might perk up on the open and they did

Investors concerned about ‘Frankenstorm’

29 October 2012
“Frankenstorm” is on its way to batter the US East coast at an ominous time for President Obama with just over a week to go before the elections.

Yesterday’s UK GDP data was the first good news this coalition has had for sometime…

26 October 2012
Yesterday’s UK GDP data was the first good news this coalition has had for sometime and it may have supported the indices somewhat yesterday however this morning some selling pressure is being applied to European indices as US corporate earnings disappoint.

UK GDP data – buy the rumour, sell the fact?

25 October 2012
Since the headlines are saying that Our Dave has given the game away on today’s UK GDP then it would be disappointing to see a figure of less than the expected 0.6% bounce in GDP.

Will another fall follow yesterday’s losses?

24 October 2012
Investors got a wake up call yesterday after the sharp sell off that saw the FTSE almost completely wipe out the hard work it had put in over the last ten days or so to get back above 5900.

Has Obama done enough to secure second term?

23 October 2012
Well if the polls from last night’s final debate are anything to go by Obama should be able to secure his second term as President of the US.

All eyes on GDP data this week

22 October 2012
It is all about growth this week as we get the first releases of GDP figures for the third quarter from the UK and US.

Beware trading stocks like Google

19 October 2012
Rather than a fat finger error it was an early release of Google’s quarterly results which were supposed to be announced after the bell...

For once an EU summit that isn’t panic ridden

18 October 2012
Today sees the EU summit get underway and for once it is nice to feel that there isn’t a real sense of urgency or panic in the run up to this event.

Obama fights back

17 October 2012
Well it looks like Obama found his voice last night and the race to the White House is heating up.

All eyes on Scottish polls

16 October 2012
Why do we have to wait so long to see whether the Scots want to run their own ship or stay within the Union?

Growth: the financial markets’ buzzword!

12 October 2012
If it hadn’t already become the buzz word within the financial markets throughout the crisis we are enduring it certainly is now.

Nerves set in as Dow records 2nd triple digit decline in a row

11 October 2012
The bad news of recent days is really starting to take its toll on equity investors who are struggling to find the light through the trees.

Can our Dave inspire us?

10 October 2012
More doom and gloom for the markets as the IMF weighs in and downgrades its forecasts for global growth. But don’t worry, at least we have our Dave’s speech to look forward to...