Chris Weston

1 week ago | thearmchairtrader.com | Chris Weston |Michael Brown

Surely this week can’t be quite as crazy as last. Surely?! No, I’m not going to take my chances on that one either, given how choppy things have been of late. By Michael Brown, Senior Research Strategist, PepperstoneAnyway, Friday. Another day, another tariff. At least that was the main macro theme, with China upping their levy on US goods imports to 125%, in retaliation to the retaliatory tariffs that were retaliation for retaliatory tariffs imposed earlier last week.

2 weeks ago | thearmchairtrader.com | Chris Weston

There is no good news. The financial markets are getting ugly. Things will probably get uglier still. By Michael Brown, Senior Research Strategist, PepperstoneYep, this morning’s note is going to be a depressing one. At this point, I’m quickly running out of adjectives to describe how gloomy sentiment is becoming, and how grim the economic outlook now appears. Plus, both of those are likely to get considerably worse, before improving.

3 weeks ago | thearmchairtrader.com | Chris Weston |Michael Brown

We saw a risk-averse end to the week on Friday, with haven demand notable across the board, as participants once more trimmed exposures into the weekend, cognisant of potential gapping risks. By Michael Brown, Senior Research Strategist, PepperstoneFriday, on the whole, was a day that lacked significant catalysts, at least those that materially moved the needle in terms of the broader outlook.

1 month ago | thearmchairtrader.com | Chris Weston

Anticipation and pre-positioning ahead of Trump’s “Liberation Day” on 2 April and the impending deluge of tariff-related announcements that will follow in the days/weeks after will be a growing factor that drives price action, sentiment and liquidity in markets this week.

1 month ago | thearmchairtrader.com | Chris Weston |Michael Brown

By Michael Brown, Senior Research Strategist, PepperstoneLast week proved, unsurprisingly, to be another where US trade policy dominated the narrative, and where participants were beholden to whatever President Trump decided to post on ‘Truth Social’ at a given time.