Market commentary for May 16: Time is running out for the European Union. Equities are sliding and the early year gains are eroding at a quick pace. The problem in Greece persists and it is time for EU to decide what to do.

Market commentary for May 15: Things are really tough right now with Greece going into a new election in June and with the radical left leading the polls. Grexit is now the most spelled word around the world and investors are concerned with what that could mean.

Market commentary for May 14: It is true that this year started very well for equities. The tech index Nasdaq rose 14%, 8%, 6%, and 5% in the first four months of the year, but lost 7% since this year’s high. The FTSE is 2% lower and even gold is now negative. Where are we going?

Market commentary for May 11: Today’s most spelled word by bankers is Grexit. Everybody in the City is speaking about a Greek exit from the Euro after negotiations to form a coalition government have successively failed.

Market commentary for May 10: After so many blows, equities managed to get back on track yesterday and the Dow snapped a 6-day losing streak but the worst came after the US close. JP Morgan surprised everyone with a major trading loss.

Market commentary for May 9: Equities continued the weakness observed over the last few sessions and the Dow lost value for the sixth consecutive session. Problems coming from Spain, Greece and also France, are scaring investors that clearly don't know which direction to go.

Market commentary for May 8: I’m a little late today for my daily commentary but it doesn’t seem to make any difference in terms of where equities are. We are going up and down based on rumours and more rumours. Investors are very anxious.

Market commentary for May 7: It is interesting how equities were able to recover during the session from overnight losses. The Greek and the French elections had a large negative impact in equity futures on Sunday night but investors took the opportunity to buy again.

Market commentary for May 4: Markets entered in a bear state after the Non-farm payrolls report confirmed that the rate of jobs creation is slowing. The weekend gave us some important news. Hollande won the French election and in Greece the instability will start again with no party being able to form a Government.