UK Retailers Suffer Bad Start To Spring (May 22, 2018)

UK high street suffers a blow in April The latest official figures show that Britain’s retailers experienced the sharpest drop in sales for over 20 years last month. The downward pressure was as a result of poor weather conditions, the timing of the Easter break and ongoing pressures with household finances. As a result, customer […]

UK Interest Rate Postponed Beyond 2018? (May 17, 2018)

UK interest rates may not rise in May 2018. High Street Squeeze The expectation that the Bank of England will raise UK interest rates in Spring may be incorrect according to indications from Mark Carney, Governor of the Bank of England. Mr Carney said: “I don’t want to get too focused on the precise timing – it […]

Sainsbury’s Gains 20% om ASDA Merger News (May 8, 2018)

Sainsbury’s shares rise over 20% on news of merger with Asda Shares in food retailer Sainsbury’s rose by over 20% to 324p following news of a planned merger with Walmart-owned Asda. The planned merger between the supermarket chains will see the group hold 30% of the UK grocery sales’ market and overtake Tesco to become […]

Right Time To Buy Facebook? (April 30, 2018)

Leading asset manager says time is right to buy Facebook stock Carol Pepper, the chief executive of New York asset management firm Pepper International, has advised traders to buy Facebook stock while it’s low. Public Pressure Facebook has been under heavy public, political and financial pressure, as a result of the Cambridge Analytica scandal, which […]

What Does Syria Stand-Off Mean For Markets? (April 24, 2018)

What will the Syria attack mean for the asset markets? The US and its allies launched precision strikes against the Syrian government following the regime’s alleged use of chemical weapons. The attack was well-trailed, meaning that the markets have already priced in the action. Nevertheless, any long-term escalation could have a bigger impact on stock […]

Tariff Retaliation Hits Dow Jones (April 19, 2018)

Dow Jones industrial average falls on news of China retaliation in tariff row with US China recently announced that it will be imposing new trade tariffs on 106 US products, increasing tensions between the two countries and further raising the spectre of a trade war between two of the largest economies on the planet. $50 […]

Facebook Issues Hitting Broader Tech Sector (April 12, 2018)

What do the Facebook revelations mean for tech stocks? It’s not been a good few weeks for Facebook. The recent revelations about Cambridge Analytica’s use of Facebook user data wiped billions off the company’s value in a single day. The scandal could hold consequences both for Facebook and for the way that much of the […]

Litecoin Under Pressure (April 5, 2018)

Crypto struggles between Twitter ban and blocking of LitePay. The value of Bitcoin and other cryptocurrencies has decreased of late, amidst the news that Twitter is banning all ads on cryptocurrency and that Litepay has stopped working. Bitcoins’ value has not managed to recover early year losses. The currency has not been able to rise back […]

Merril Lynch Downgrade Facebook Amid Data Storm (March 30, 2018)

Facebook’s price targets slashed by Bank Of America Merrill Lynch In another blow to Facebook’s stock market value following the Cambridge Analytica scandal, Bank of America Merrill Lynch has slashed their price target on Facebook shares from $230 to $165. The social media giant has already seen $45 billion wiped off their stock value this […]

UK High Street Stores See Share Price Crash (March 27, 2018)

Nosedive for shares in Carpetright and Mothercare as high street trading worries loom. Fears surrounding the futures of Carpetright and Mothercare have caused shares to plunge. There was a 14% slump in Carpetright after a report suggesting it would have to close stores and cut jobs, and Mothercare fell almost 12% in the midst of […]

How will economic data impact Euro? (March 20, 2018)

Weakening data could spell trouble for the Euro. The Euro had a stellar start to 2018 climbing against a host of currencies including the dollar. On January 1 EUR/USD was trading at 1.200 before climbing to a high of 1.246 on Jan 31. This was on the back of strong economic data that caused traders […]

Trade War Sparks Stock Sell-off (March 16, 2018)

Stocks spiral under fears of global trade war: Stocks in London closed sharply lower in the wake of plans from Donald Trump to impose tariffs on steel and aluminium imports. These plans have ignited fears of a global trade war. The US President defended his plans, describing the advantages of heightening competition in trade and vowing […]

HSBC Forecasts For GBP/EUR Pair (March 13, 2018)

HSBC forecast pound vs Euro FX rates will go lower: Anybody hoping to see a stronger rate for the Pound against the Euro is likely to be disappointed according to David Bloom, head of foreign exchange research at HSBC. He said current levels for the market are likely to be maintained until some real news […]

Federal Reserve Hints At March Rise (March 9, 2018)

Federal Reserve hints at more US interest rate hikes. The Chairman of the Federal Reserve, Jerome Powell, has suggested there could be more US interest rate rises on the way. It has already been projected there will be three rate rises this year, but Mr Powell advised a Congressional Committee in late February that this […]

Prospects For Sterling Negative Say Analysts (March 7, 2018)

Asset managers warn of possible further fall in Pound – The strength of the pound may be challenged more, as the outlook for the Brexit negotiations look anything but stable, according to Europe’s largest asset manager. Didier Borowski, who heads up macroeconomic research at asset manager Amundi, has published a research note reminding us that […]

HSBC Announce Large Yearly Profits (March 1, 2018)

HSBC announce increased profits for 2017. HSBC has announced pre-tax profits of $17.2bn (£12.3bn) for 2017 and say the growth has been primarily fuelled by its expansion in Asia. These figures represent a rise of 141% on the $7.1bn profits announced for 2016. It has to be said the figures for 2016 did include a […]

XRP Cryptotokens and Ripple find momentum (February 27, 2018)

XRP Cryptotokens and Ripple soar high. Ripple is a new cryptocurrency and fast speed digital payment rail which is challenging Bitcoin’s dominance and is actively working with global banks and payment providers to provide faster international money transactions. The system provides a high-speed borderless payment mechanism which uses the company’s Ripplenet enterprise solution to transfer […]

1 2 3 12