Macroeconomic Background Understanding the macroeconomic background is important to FX traders because relative strength of national currencies (and thus FX rates) depends on key economic indicators, such as unemployment, inflation, wage growth, retail sales and, crucially, the key interest rates set by the Bank of England (BoE) and other key central banks (e.g. Federal Reserve, European…
Shares in Clarkson have traded as low as 1960p (-36%), as the world’s largest shipbroker warned that both half-year and full year 2018 profits will be “materially below” those of last year on the back of “the challenging environment in shipping and offshore capital markets”. Maritime trade is the life-blood of world economy, so such…
Shire has received a fourth bid of 4700p per share from Japan’s Takeda, a whopping 59% premium over the undisturbed share price on 26 March. Shire already rejected a third bid of 4650p (“significantly undervalued”), and the shares still trade 17.5% below the latest offer price. Will Takeda go even higher to get Shire to…
Right now is a great time to make money on the markets. Capitalising on share price moves is, by its very nature, about thinking ahead. Market investors already follow the news, but to get the real edge, you need to be armed with the right research tools. A casual investor is often stuck “in the…
17 April Reuters “After a calming of geopolitical concerns and optimism about the Q1 earnings season, mixed data from China may revive queries about the strength of the world’s No. 2 economy,” Accendo Markets analysts Mike van Dulken and Artjom Hatsaturjants told clients. https://uk.reuters.com/article/uk-europe-stocks/european-shares-rise-as-sentiment-improves-italian-banks-rally-idUKKBN1HO0W4 18 April Financial Times Michael van Dulken, head of research…
Shire shares trade almost 4% lower after US group Allergan – mooted as another suitor for the specialty pharmaceutical outfit – declared it would not make an offer. This reduces competition for SHP as a target and puts the ball back in Japanese Takeda’s court, having confirmed that it made an official third bid of…