Tesco shares offered two textbook trading opportunities for traders today. So long as they were quick, and prepared to look through the gloss of a quarterly trading statement. And take the latest “everything is rosy” management spiel in the context of recent macro data, uncertain Westminster politics and most of all the shares’ technical set-up….
With the UK election excitement now all but over, markets now have an event of far greater significance to turn their attention to. Having been officially triggered back in March, Brexit will begin with a bang when UK-EU negotiations get underway in Brussels next week. These negotiations, expected to be completed by then end of…
16 June Business Insider “A positive opening call comes as Asian bourses shrug off a negative close on Wall St where Tech had another bad session. Markets are welcoming positivity on the Greek debt front, offsetting that more hawkish Fed stance from mid-week, and deal well with ever present global geopolitical uncertainty,” said Mike van Dulken,…
Today, both Germany’s DAX and the US Dow Jones Industrial Index have traded at their highest ever levels, hwile the UK’s UK 100 failed to even reach its best level this week. So we’re asking, “how and why has this happened? The UK Index versus the DAX Both indices are made up of companies that are…
Tonight sees the culmination of the latest US Federal Reserve’s latest Federal Open Monetary Committee (FOMC) meeting and, despite markets widely expecting an interest rate hike when the policy update is announced at 7pm, it is still uncertain as to what the effect on markets may be. In order to assess what impact the meeting will…
Housebuilder Bellway (BWY) is the biggest gainer this morning, helping bigger peers (BDEV, TW, PSN) to the top of the UK 100 . This comes after a trading statement highlighting strong sales, upgraded guidance and soothing rhetoric about robust demand for new homes across all regions despite political uncertainty. Reservations +13% Feb through June allows…