A UK 100 Dividend Bonanza The UK’s UK 100 has had a massive boost into the end of the week, having rallied by nearly 200pts since the Bank of England cut interest rates to record lows and boosted both QE and the funding for lending scheme. The index looks to now be consolidating ahead of…
5 Aug Telegraph Augustin Eden, of Accendo Markets, said: “A positive opening call for European equity markets comes after the Bank of England threw the kitchen sink at what is after all only a potential post-Brexit economic downturn. Even though it hasn’t happened yet, sentiment indicators are telling us it probably will. Fitch has noted that the BoE’s…
Macro observations Markets pulling back a little on Monday following a disappointing UK Manufacturing PMI print that has fueled the UK’s Brexit-related growth concerns at a time when markets are increasingly unable to rely on central banks to keep the cogs greased. So far we’ve had notable inaction from the Bank of England, US Fed and Bank of…
I’ve one very good reason why Mark Carney, Governor of the Bank of England (BoE), shouldn’t cut UK interest rates next week. That’s not to say he shouldn’t do anything at all in terms of additional monetary stimulus. Intervention is very likely to be required in light of Brexit, and we’d be wise to get…
When investing in the stock market, many a smart investor will jump on (or off…) past performance without looking at the future outlook. Those that saw Lloyds Banking Group’s results and went long would’ve suffered. Likewise those that saw Barclays today and sold out of their position off the back of a ‘disappointing’ set of…
29 Jul Digital Look Mike van Dulken, head of research at Accendo Markets, said: “A neutral open comes after a mixed Asian session with the Bank of Japan failing to deliver what greedy markets wanted – more stimulus. “We did ask whether it would do little or even hold off until September, like the ECB, in…