I’m sure you were just as surprised as me to wake up to news that the US had launched a series of overnight airstrikes targeting an airfield in Syria. Perhaps even more surprising, however, was the muted market reaction. Far from selling off significantly in response to heightened political tensions, global indices took only a minor…
7 Apr CityAM Gold traded at its highest level since the US election, rallying to a fresh five-month high of $1,269 per ounce. The price has dipped slightly from its highest points earlier this morning, but analysts at Accendo Markets noted the possible emergence of a bullish flag pattern to $1,280 per ounce. http://www.cityam.com/262566/us-air-strike-syria-sends-investors-safe-haven-assets-like 6…
Macro observations April and the second quarter of 2017 are set to begin with a bang, although hopefully not literally as within days of the triggering of Article 50 former political figures within the UK establishment suggest a Falklands-esque defence of Gibraltar should Spain make a play for the British enclave during Brexit negotiations. Theresa…
What a momentous week for the UK. With the official triggering of Article 50 now out of the way, Brexit is set to grip the financial world for the next two, and potentially more, years with a constant stream of changing information as Britain departs from the EU. But what should you be watching as the…
March may have proved a little more volatile than recent months, however, the UK’s UK 100 is still expected to move into April 1.5% to the good. A very respectable performance given last week we were almost back to breakeven, having sold off from fresh record highs the week prior. This month has thus offered…
31 Mar Marketwatch “Market weakness [on Friday] may be explained by an element of risk-off into the week-, month- and quarter-end following one of the best starts to the year since 2013. This despite political risk aplenty, the most recent coming from South Africa,” said analysts at Accendo Markets in a note. http://www.marketwatch.com/story/UK Index -100-slides-but-heads-for-4th-straight-quarterly-gain-2017-03-31…