Investment Markets Overview — W/E 1st April 2016

The markets that did open on the Easter Monday, including the U.S, snoozed all day and for much of Tuesday, but then along came Janet, the Queen of Central Bankers, who told the markets just what they wanted to hear, “caution in raising rates is especially warranted.” Despite recent hawkish comments from a growing number of the Fed “team,” including the Fed Chair herself, Janet Yellen, in a speech at the Economic Club of New York put a fire under the market as she pushed interest rate- hike expectations out to H2 2016. The stock-market loved it, as did the price of gold, whilst the dollar was hammered, which of course was Yellen’s real agenda, as her retaliation to the “beggar thy neighbour policies,” of other central banks’ in trying to trash their respective currency values to gain a competitive edge in a world of shrinking trade, as highlighted within our weekly market overview of 18th March. Meanwhile, there were further signs of the inevitable global debt-induced overcapacity, as India’s TATA Steel announced the closure plan of the UK’s largest steel plant at Port Talbot. We expand further on the economic, market and political developments, including the steel sector, below.

1 April 2016

Subscribe to the Full Investment Markets Overview Newsletter which contains the following:-

Additional Commentaries:
•US economic data . . .
•Euro-Zone . . .
•The UK . . .
•Out East . . .
•The $US index . . .
•Within the commodities complex . . .
•Economic data due next week includes . . .

   The “chickens are coming home to roost,” in respect of the inevitable consequence of far to loose monetary policies and the precursor to it ……

Charts:
1.  Indices Weekly
2. US Pending Home Sales V US House Prices
3. UK GDP V Business Investment and Govt Debt/GDP
4. China  V  UK Steel production
5. Commodities Weekly

Table:

13 Indices, 11 columns of detailed information, for accurate analysis

“Logic, unfortunately, appears to be a foreign word to Government.

Click Here to view Details of the full version of this Newsletter which includes full text and detailed

 

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