Macro observations The USD Basket has recovered much of last week’s losses ahead of this week’s FOMC meetup. Expectations the Fed will raise interest rates are very low – almost non-existent in fact – since the likelihood of the UK voting to leave the EU has increased again, that being just one of a few international headwinds facing…
It’s no surprise to see last week’s winners (Fresnillo; FRES and Randgold Resources; RRS) topping the UK Index again this morning. Markets remain cautious with sovereign bond yields at highs (even negative), UK Index equities have fallen back to May lows and the safe havens Silver and Gold maintain their strong rebounds. Last week’s cocktail…
10 Jun Guardian Mike van Dulken, Head of Research at Accendo Markets said: “Equity indices have gone for a dress-down and risk-off Friday, with major support levels breached or seeing meaningful tests. This is derived from Asian bourses following their stateside peers south as negative bond yields become more prevalent, calling into question global monetary stimulus…
The UK’s UK 100 is in exactly the right conditions for short term trading with this week’s 210pt range giving clients opportunities to go both long and short the index. Equities too have had their moments – most notably UK Supermarket shares, having picked up the baton from a blacked-out US Fed which itself is currently silent…
Golden opportunity as markets panic Event-risk and growth concerns saw markets return to worrying this week. But savvy investors are already on-board those assets that tend to benefit during times of fear, those that shine bright when market gloom descends. What stocks and commodities can help you deliver gains to offset portfolio losses? A cocktail…
9 June It was hilarious to see the now familiar old, white, male Tories that constitute so much of the ‘Leave’ camp getting all annoyed yesterday in the House of Commons . For once though, it was only indirectly related to the UK’s EU referendum. Clearly, a lot of folks failed to register to vote on time, either because they were muppets…