UK Index CLOSE: Footsie receives late boost as ‘Super’ Mario Draghi hints that the ECB could increase its QE program This Is Money – 22 Oct http://www.thisismoney.co.uk/money/markets/article-3284268/UK Index -CLOSE-Footsie-receives-late-boost-Super-Mario-Draghi-hints-ECB-increase-QE-program.html Market Report: Travis Perkins’ profit warning hammers DIY firms Evening Standard – 22 Oct http://www.standard.co.uk/business/market-report-travis-perkins-profit-warning-hammers-diy-firms-a3097011.html ARM shares jump as UK technology star reports profits up 27%…
19 October 2015 A basic tenet of economics holds that a pound today is worth more than a pound tomorrow. This is down to your ability to purchase at a known price today versus risking paying more in the future. It is also based on being able to earn interest on that money immediately. The…
16 October 2015 Investors are getting increasingly excited about the £2bn Lloyds Share Offer set for next Spring. A standout conversation I had recently saw me asked ‘what can I do now if I don’t want to wait?’ Investor: That Lloyds deal looks fantastic James. I’d be happy with a 20% return over a year….
16 Oct 2015 Rio Tinto (RIO) shares are failing to derive any benefit whatsoever on this risk-on day from a Q3 production update reporting iron-ore shipments +12% QoQ/+17% YoY and thus supportive of growth. While a decent headline grabbing statistic, and suggestive of growth, it is unfortunately easily countered by Copper production -24% YoY, underscoring…
Global equity rally gains momentum AFP/Business Post – 16 Oct http://www.businesstimes.com.sg/stocks/global-equity-rally-gains-momentum Shares rise on hopes for US interest rate hike delay Proactive Investors – 16 Oct http://www.proactiveinvestors.co.uk/companies/market_reports/116291/shares-rise-on-hopes-for-us-interest-rate-hike-delay-116291.html Risk-on, but for how long? Proactive Investors – 16 Oct http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23382/risk-on-but-for-how-long-23382.html UK Index LIVE: Footsie off to solid start, lead by strong gains on Wall Street and Asia overnight This is…
15 October 2015 Shares of Burberry (BRBY), whilst already in a strong 2015 downtrend, have taken another sharp leg lower as investors check-out following a weak H1…