22 Dec London South East (Link) The higher start comes “as the global equity rally continues its traditional year-end, US tax reform assisted Santa Rally”, said Michael van Dulken and Henry Croft at Accendo Markets. 21 Dec Marketwatch(Link) “The U.K.’s UK 100 outperforms … as the index’s plethora of foreign-earning stocks reap the perceived benefits…
Macro observations With Christmas just days away, lawmakers across the world are finalising details of crucial policies and preparing for major events that will alter the FX landscape in 2018 before taking time off to celebrate the holiday. Starting with events at home, the final day of debate on the highly contentious EU Withdrawal Bill…
15 Dec Interactive Investor (Link) “In focus today will be any soundbites from the EU meeting in Brussels at which members, amongst other things, will be discussing Brexit. While approval of the progression of negotiations is expected to be a virtual procession, the start date of the next phase of talks and the government’s ability to…
As another action-packed year comes to a close, you’d be forgiven for thinking financial markets might take some time to settle before leaping back into action in 2018. 2017 has certainly been an adequate sequel to the soap opera that was 2016, but as we head into a brand new year, there are so many…
This week produced some fine UK 100 examples of easy-to-identify technical signals to help clients either take profits following a positive run or buy into a bounce on fresh bullishness. From Banks to Housebuilders, support lines to resistance, reversals to breakouts and candlestick patterns the signs were plentiful for anyone prepared to scout around a…
Shares in Sports Direct were up to 11% lower this morning, falling victim to a combination of disappointing first half results and unfavourable technicals. This in spite of the company shifting focus to fewer smarter flagship stores and reducing online promotional activity, part of its goal to elevate its portfolio to become the Selfridges of…