Risk has been building in the markets for weeks - the mass account openings in China, the rally in Europe as the ECB ploughs on with its 65 billion euro a month QE program. Evan Lucas More Quotes by Evan Lucas More Quotes From Evan Lucas There is a lot of questioning about whether the banks have signalled to the market that they are getting to the point where net interest margins are becoming a concern. Evan Lucas energy What's the scary part about this is we can see things get pretty ugly, pretty quickly. Evan Lucas technology Though we a down there was an expectation we could be down quite substantially today.. .on the back of U.S. markets getting an absolute tailing on Friday night, Nasdaq absolutely plummeted. Evan Lucas energy There is no clear direction or any real conviction in being short or long. Evan Lucas industrials The conclusion would be Russia would not want to take this too much further at a time when its economy is seeing some green shoots after the past two years of sanctions. Evan Lucas business Since the Twin Towers attacks, there have been four major attacks across the globe, the initial reaction in all jurisdictions were short, sharp sell-offs, but within 10 days of the events, the markets or local currency returned to the level of before the events. I would expect the same reaction for the Paris events. Evan Lucas technology If emerging market risk, coupled with low-growth European environment is affecting Fed decision making, sentiment uncertainty will amplify. Evan Lucas business There are multiple possibilities with what happens in Greece on Sunday and how that is interpreted by the EU. Holding risk come Monday morning is probably not something you want to be doing. I think a lot of people are showing just that today. Evan Lucas technology There has finally been a bit of buying and a bit of a bounce for the banks. It's good to see some support there. Evan Lucas energy It certainly helped the materials space on the Aussie market, but all in all the market has taken the data in its stride, which in my view is a little bit disappointing. Evan Lucas energy Until we find some sort of stability in oil, it's going to be a fairly rocky period. We also saw iron ore prices fall again to below $70 a tonne, but there are some positive signs for the longer term. Falling crude prices are actually a stimulus. It means capex is lower, consumer cost is lower, but it takes a while to filter through. Evan Lucas industrials
