Chris Weston

1 week ago | thearmchairtrader.com | Chris Weston

We start the new trading week with the oil markets getting increased attention with the OPEC+ alliance clearly fractured, with the Saudis pulling the threat of further output increases if there isn’t complete adherence to the set output limits – Brent crude futures open -4.2% as a result.

2 weeks ago | thearmchairtrader.com | Chris Weston

By Michael Brown, Senior Research Strategist, PepperstoneAnother day of nonsense on the trade/tariff front on Friday; and yes, you’d be correct in thinking that all this is getting as tiresome as my tone suggests. In fact, it wasn’t just on the trade front that there were a deluge of headlines as the week wrapped up, but on almost every front imaginable, courtesy of a wide-ranging TIME interview with President Trump.

3 weeks ago | thearmchairtrader.com | Chris Weston

The Easter break is over, back to the grindstone we go. By Michael Brown, Senior Research Strategist, PepperstoneBack we go, though, to a market that is trading on the back of almost entirely the same themes that it was prior to the long weekend. Namely, a distinct lack of desire to take on risk, and notable concerns over the investability of the United States.

1 month 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.

1 month 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.