The UK trade balance for goods is experiencing the widest deficit since records began. But don’t worry – the UK trade balance for services is in surplus by the most it’s ever been! This, a stark indicator of the UK’s diminishing presence as an exporter of goods and looming champion as an exporter of services (think financial, legal and creative), has got…
Worldpay (WPG) shares are having their cards declined again this morning, the in payments processing giant’s shares down sharply for a second successive day, echoing the global equity market rout. However, while global markets are jittery about the banking sector and its ability to weather slower growth and recession, negative interest rates, market turbulence, a commodity…
Augustin Eden, 8 Feb European investment banks are the talk of the town on Monday following a week in which some major names (Credit Suisse, Deutsche Bank to name 2) came out with some minor numbers. Monetary policy that’s easy for the consumer has been tough for banks – some might say quite rightly –…
Rolls Royce (RR.) share price thrusters in reverse at this morning on news management is set to meet Thursday to discuss the extent of its first dividend cut in more than 20 years (by how much? for how long?). Weakness limited, however, by shareholder relief from talk of the company avoiding a sixth profits warning which…
Analyst summary – 5 Feb 2016 This was the week for those who remained loyal to that investor favourite – the Mining sector. Anyone who dared called the bottom in late January may have shivered at a slight pullback on Mon/Tues as gains of circa 20% in certain names began to be consolidated. However, those…
Forget oil stocks. Banks are killing your portfolio CNN Money – 5 Feb http://money.cnn.com/2016/02/05/investing/bank-stocks-worse-than-oil/ Anglo American and Glencore share price: Mining stocks are surging againCityAM – 5 Feb http://www.cityam.com/233938/anglo-american-and-glencore-share-price-mining-stocks-are-surging-again Markets brace for US jobs report – business live Guardian – 5 Feb http://www.theguardian.com/business/live/2016/feb/05/markets-us-jobs-report-non-farm-business-live U.K. stocks wobble as miners…