Weekly research notes covering the full spectrum of asset classes

Spotify: A Rundown of the Upcoming DPO

March 27, 2018 / Dora Cordero

Written by Dora Cordero    Spotify, the music streaming service valued at $19.7 billion, will be the first company to be directly listed on the stock market. Officially, it will debut on the New York Stock Exchange on April 3rd, under the ticker “SPOT”. Through a Direct Public Offering (DPO), it will be selling its […]

Market Commentary – 27/03/2018

March 27, 2018 / Ben Acton Bond

Equities rallied amid improving international trade prospects. The S&P 500 had its largest one-day gain since 2015 (2.74%) and futures expect the market to open 0.53% up. Some warn the upswing will only be temporary and we should prepare for a bigger correction. Markets around the world also bounced back in early trading (FTSE 100 […]

Market Commentary – 26/03/2018

March 26, 2018 / Ben Acton Bond

European markets rose in early trading after trade war fears were mitigated by potential talks. Eur Stoxx 600 is up 0.43% while the DAX and CAC 40 both touched 0.5%. Chinese officials believe they can elaborate a careful response to Trump’s tariffs while avoiding a fallout. South Korean steel company stock prices rallied on hopes […]

Market Commentary – 22/03/2018

March 22, 2018 / Yee Kiat

In the US, Facebook rallied mid-day to a high of 173.20 before sinking again and ending the day at 169.45, even after CEO Zuckerberg stepped forward and posted a commitment to investigate the case. Dollar continues to sink due to traders attempting to internalize the possible higher borrowing costs and the unveiling of Asian tariffs […]

Market Commentary – 21/03/2018

March 21, 2018 / Yee Kiat

Markets slowly recovered as they opened today, with Facebook recovering by (1.17%) and twitter by (5.1%) by mid-day. US stocks and treasuries remain waiting and bracing the Fed’s new policy decision. The dollar sank, with the Bloomberg dollar spot index declining by 0.4%, the largest 2 week drop so far. 10 year treasuries rose to […]