Market Analysis

Up-to-date commentary and analysis on equities, indices, bonds, forex and commodities. Our analysts and contributors analyse the market and give their opinion

Apple Is Losing Steam Very Fast

Published by Filipe R. Costa on Thu, 24/01/2013 - 11:57

Apple reported record earnings yesterday but investors didn’t like the music coming from the conference call and pushed shares down 9% in after hours trading. Is the tech giant dying?

Interest Rates in 2011 and Economic Prospects

Published by Filipe R. Costa on Tue, 03/01/2012 - 12:16
interest rate

Now that 2011 is over, it is time to analyse what has happened during the year and try to get some insights for the New Year just started. Understanding monetary policy is key to any investment since any change in interest rates affects the value of our investments. Let’s take a brief look at what happened in terms of monetary policy especially concerning interest rates.

Just Blame Europe

Published by Filipe R. Costa on Wed, 28/09/2011 - 16:38
blame the others

During the last few days I have watched and heard several comments pressuring the EU to do something concrete to contain the Greek debt problem and avoid the risk of contagion. According to several sources, Europe is responsible for the volatility haunting financial markets and for the downfall we have been assisting.

Equity Market Update at End July 2011

Published by Filipe R. Costa on Wed, 27/07/2011 - 17:56
obama and cow

The year of 2011 has been full of geopolitical events affecting equity markets. We assisted to an erthquake in Japan that at some point reminded us of the Chernobyl incident because of radiation leakages occurring at the Fukushima Daiichi complex. At that time, equities were violently pushed down. We had a full set of problems in the MENA area. People was unhappy with their totalitary leadership and tried to put down their regimes. The conflict in Lybia, in special, had a major impact in equities and oil prices.

BoE and ECB Keep Rates Unchanged

Published by Filipe R. Costa on Thu, 09/06/2011 - 15:16
interest rate to support

As almost 100% expected, both the BoE and the ECB kept their interest rates at the current level of 0.5% and 1.25% respectively. The BoE has been revealing some concerns about the health of the British economy and has clearly signaled that it will put more weight on growth and unemployment issues than on inflationary pressures. Therefore, it is not expected that the bank changes its current accommodative policy anytime soon.

ADP and ISM Manufacturing Fail

Published by Filipe R. Costa on Wed, 01/06/2011 - 15:52

Negative news in the US keep going. The ADP report showed that companies added just 38,000 jobs in May, down from 177,000 in April and the smallest increase since September 2010. Bloomberg News Survey was estimating 175,000 jobs. Actual figures showed a very weak number that may be interpreted as a signal that the job market is deteriorating.

US GDP Disappoints, Jobless Claims Rising

Published by Filipe R. Costa on Thu, 26/05/2011 - 15:44
unemployment keep out

The Bureau of Economic Analysis reported today that US GDP grew at an annual rate of 1.8% in the 1Q. The rate was unrevised and disappointed investors that were expecting a 2.1% growth. Intiial jobless claims rose.

Linkedin and the New Tech Bubble

Published by Filipe R. Costa on Mon, 23/05/2011 - 11:52
linkedin IPO

Linkedin has just seen its shares going into the NYSE last Thursday. The company’s IPO was valued at $45 per share but soon after the first day of trading it was valued at more than double that price. Are we going to assist to another tech bubble? Or are Linkedin prospects really good?

Non-farm Payrolls and the US Recovery

Published by Filipe R. Costa on Mon, 09/05/2011 - 12:45

Last Friday the Labour Department reported that non-farm payrolls in US increased by 244,000 in April. The gain was the strongest in nearly one year. The private sector is the best performing sector, adding 268,000 jobs for the month.

Michigan Consumer Confidence Impact in Equities

Published by Filipe R. Costa on Mon, 18/04/2011 - 12:00

Last Friday was released the University of Michigan Consumer Sentiment Index for April. The index rose to 69.6 from 67.5 in March, and more importantly it came out better than the 66.5 expected. Although 69.6 is still far from this year registered high of 77.5 in February, investors considered the value as being very positive. What could you have done to profit from this?