Many of my clients this week have been voicing their opinion that the lack of significant data and, excluding Wednesday, a slight lull in earnings reporting from the UK’s blue chip companies, has resulted in a slow week for some of their trades. However, over the past 5 days both Wall Street and the UK-centric…
You may remember a few months ago we wrote about the significant percentage of UK 100 constituents paying dividend yields that made a mockery of high street interest rates. Refresh your memory here if not. On the one hand things haven’t changed much since. On the other, rather a lot has changed. For the good…
10 Feb Nasdaq Friday’s gains “come after a strong day on Wall Street inspired by US tax cut hopes that spilled over to Asia overnight and received a second wind from surprisingly strong Chinese trade data that showed a rebound in exports and acceleration in imports that bolsters belief in transition to more consumption oriented…
Cloud-based security platform Sophos (SOPH) is topping the this morning, its shares +6.9% after a trading statement suggesting strong momentum in Q3 and an upgraded outlook. Revenues +11% were boosted by strong software subscription (billing +16.1%), a very successful first full quarter for next-generation product Intercept X and, perhaps more importantly, operating profit back in the…
Macro observations With last week’s three course helping of major central banks updates now behind us, politics will establish itself as the primary driver of foreign exchange markets throughout the week as macro data gets thrust into the back seat. Barely three weeks into his tenure, US President Donald Trump is facing continued backlash against his controversial…
It was the turn of UK Index giant Reckitt Benckiser (RB) to defy the laws of M&A this week, its shares rising 4% on news of a big acquisition. It’s difficult to know whether M&A optimism or dividend hopes (more so this) really drove Tesco (TSCO) shares 9% higher last week. But the situation with…