Cairn Energy shares are top of the this morning after the company said it was ‘delighted’ with flow rates at its latest well in offshore Senegal. Investors are gushing about news that SNE-3 produced oil at commercially viable rates (4000-5000 barrels of oil per day), endorsing the scale and growth potential of the SNE field in…

Markets have begun to fret about whether the world’s central banks have run out of options to keep the ball in the air and meet their goal of helping relaunch economic growth. We ask what else can be done to ensure recovery post financial crisis in a world which is now very different. Could a…

Ever since the financial crisis, interest rates in all the major western markets – The US, UK and Eurozone – have been near zero. Most recently, the ECB took its main deposit rate into negative territory to try to stimulate the Eurozone’s sluggish GDP growth rate. With the US Federal Reserve mentioning the concept in passing…

Old Mutual shares are sharply higher this morning on weekend speculation that it could be broken up. The company has already responded with a teasing clarification that ‘all options’ are being considered within a previously announced strategic review, on which an update will be provided on Friday (11 Mar) in conjunction with full year 2015…

Macro observations USD strengthening off back of good US macro-data ECB to update markets on its policy stance this week (Thurs) – markets expectant of more negative rates / reassuring rhetoric (‘whatever it takes…’) rather than an all-out expansion of QE Note continued divergence between Eurozone and US central banks (US standing pat, E/Zone easing) Key…

Now we’re out the other side of the traditional half hour’s toing and froing that markets always do when non-farm payrolls comes out, let’s talk about what it all means. I for one am a little tired of all the whooping and hollering concerning this flagship data print and, to us, it means very little….