Israel: Desperate Netanyahu fighting for survival as end of 12-year rule nears May 31, 2021 Israeli Prime Minister Benjamin Netanyahu’s opponents appeared to be moving closer toward a coalition deal that could end the 12-year rule of the long-time Israeli leader. Last night, Naftali Bennett, leader of the small Yamina party and a kingmaker following the March elections, scheduled an 8 pm news conference where he announced his decision to [...]
City A.M. TV: A Market Snapshot May 24, 2021 Are markets resilient or rolling? That’s a key question currently on investors’ minds. That’s especially so given the concerns about the recent high US core CPI inflation print as well as the troubling price action in Bitcoin. In this clip, we stand back from the market noise and look at what the price action is [...]
City A.M. TV: A Market Snapshot May 21, 2021 Despite some giveback earlier this week, price action in markets has been reasonably encouraging for the bulls, especially in the past 48 hours. In particular, a number of major asset prices have tested, held, and rallied from key support levels this week (including the S&P500, the NASDAQ100, and Bitcoin). In the case of Bitcoin, the [...]
City A.M. TV: Market Snapshot May 17, 2021 In today’s video we examine the question of whether or not Bitcoin provides any insight into the global equity market direction.
City A.M. TV: Daily Market Snapshot April 30, 2021 Its been a fascinating month for global equity markets in April. Three key themes have dominated: i) a weak US dollar (and strong currencies elsewhere); ii) a strong US company reporting season (with that replicated in other parts of the globe); & iii) a Fed meeting and a reiteration, once again, of the Fed’s super [...]
Vaccine passports: Key to normalisation but many obstacles remain April 27, 2021 Following the UK’s roadmap for the lifting of restrictions, those living in England could be allowed to embark on a foreign holiday as early as 17 May. Europe plans to launch a digital health pass scheme in June to save this summer’s holiday season from the pandemic, but technical and political obstacles are showing just [...]
Space race: Elon Musk and Jeff Bezos go head to head April 27, 2021 The space race between the world’s two richest men catapulted into hyperdrive today.
City A.M. TV: Daily Market Snapshot (video) April 26, 2021 Since early April, US equity markets have been in a persistent uptrend. That’s been is aided and abetted by (i) notable US dollar weakness; (ii) lower bond yields (resulting in tech outperformance); and (iii) a strong Q1 earnings season, with most US companies surprising markets to the upside. In that respect, and while US equity indices [...]
China considers mixing Covid-19 vaccines to increase protection rate April 12, 2021 China’s top disease control official has said the country is considering to mix Covid-19 vaccines as a way of further boosting vaccine efficacy. “Giving people doses of different vaccines is one way to improve vaccines that “don’t have very high rates of protection”, Gao Fu, the director of the Chinese Centers for Disease Control and [...]