7 June 2015 HSBC continues to plod higher. As banking stocks go, it’s not particularly exciting, but HSBC and Asia-focused peer Standard Chartered have experienced somewhat of a reversal of fortunes recently. No longer are they out of favour on account of their over-exposure to things not western. Quite the contrary – it seems that right…
Weir Group shares are among the winners this morning as investors help maintain their recovery trend to post fresh 2016 highs (8-month highs in fact). The recent bounce from Feb rising lows support comes thanks to oil prices looking gung-ho to build upon recent gains and conquer the $50 mark decisively (Brent is already there; US…
Miners are topping the UK 100 this morning (up 2 to 7%) as the commodities space benefits from a weaker US dollar basket, back below the key 95 level for first time in a fortnight. The currency’s reversal of recent strength comes in response to Friday’s surprisingly weak May US jobs report that must be…
This post will begin with something you’ve heard a million times before: The year to date has seen impressive price moves in commodities and mining stocks. Fantastic! Ok, now we’ll digress onto something a little more original. The moves in commodities such as Gold, Iron Ore and Copper have been tracked at the very least by…
This week’s latest Brexit poll swinging towards ‘Leave’ was a shock for the UK 100 , with increased geopolitical risk that the UK leaves the EU. We still believe ‘Remain’ will prevail, and the bookies’ agree, but such a shift in just two weeks suggests you can no longer afford to be complacent. The latest…
It’s that time of the month again – all members of the investment community will be glued to whatever information window they use for tomorrow’s US jobs report. No doubt most will also have some sort of office sweepstake or other such fun and games organised around it. What’s your #NFPguess?! But at the end of…