February 17, 2021

Global markets closed out Q2 on a very negative note. European and US equities plunged again overnight, from recessionary fears, due to Central Bank actions

The international leaders roadshow continued overnight, with many of the G7 leaders represented at the NATO conference, in Spain. NATO has already agreed to massively

The G7 closed overnight, with a thorough endorsement and support for the Ukraine, while the leaders failed to address inflation, recession and the energy crises.

The huge recovery rally last week on Wall Street, stalled overnight, with markets searching for direction. The G7 met in Germany, while NATO meets in

UK PM Boris Johnson suffered further political humiliation overnight, with heavy losses in two key By-Elections, followed by the resignation of the Conservative Party Chairman.

The Fed Chairman Powell appeared before Congress overnight and reiterated their commitment to the war on inflation and also recognised the potential for a recession.

The UK inflation number blew away some more records, coming in at 9.1%, topping estimates. The UK is in complete turmoil at present, amidst an

US Equities stormed back overnight, not because of any key economic data trigger, but as a rebound from  the recent unravelling of risk appetite. This

US Markets were closed for a public holiday, allowing an extra day of consideration, following the mayhem of the previous week of trading. Central Bank

The Bank of Japan remains the odd-one-out, amongst major Central Banks, maintaining record low rates and increasing the QE purchases of Government Bonds. Japan appears