There are two main issues that are driving markets as we move towards the final throws of 2015. Firstly, sentiment is being negatively impacted by the consistent decline in the oil price to multi-year lows and also how to position ahead of the December FOMC meeting. Equity markets continue to be dragged around by the oil price which despite acting as a pseudo tax cut for oil importing nations, has significant implications for the lack of global demand. There seems to be little respite for oil so the question then becomes, can markets make the disconnect and start to trade independently of oil. For now this seems to ... (full story)