Market Analysis

There was an unexpected winner of the King George at Kempton on Boxing day.  Paul Nicholls laid out his tenth winner of this important high-profile staying chase – “Clan Des Obeaux” (12/1) – who was beautifully ridden by 20-year old Harry Cobden to win with a fair bit in hand, beating Thistlecrack and Native River easily, LAST YEAR’S Gold Cup FAVORITE ‘Might Bite’ all but tailed off.  ...Read More

If you were given just one word to attribute this year’s catastrophic implosion of western equity markets, it would unequivocally be ‘TRUMP!’ In the past year we have been watching the disintegration of his administration, with the resignations or removal of senior people such as Rex Tillerson, HR McMaster, John Kelly, James Coney and Michael Flynn. ...Read More

The selloff in equities extended to new lows for the year yesterday with the US 500 Index reaching 2440.00 and the US 30 Index 22638.50. The Nasdaq 100 found its support around 6160.00. Gold was bid up to 1266.40 in a flight to safety move while US Crude Oil traded down to 45.640. ...Read More