BP shares are almost unmoved for their first session of 2018, even after today’s clarification that a reduction in US federal tax (21% vs 35%), as part of President Trump’s long awaited reform efforts, would mean it talking a short-term $1.5bn hit. Furthermore, the complexities of both the oil major itself and the biggest US…
“As we drift into 2018, the UK 100 is trading around all-time highs for the first time since June, in the aftermath of the snap UK general election. It has taken some significant reform across the Atlantic and a booster from commodity markets to take the UK’s blue-chip index back to its highest ever level,…
And so another trading year closes. An exciting one to say the least, getting better acquainted with President Trump (and his twitter account), watching UK and EU Brexit negotiators duel, more political in-fighting than you could shake a stick at in Westminster. All the while financial market records were being made almost daily. Equity markets…
Ever had a big loss you wish you’d managed better? Be honest, we all have. When trading the financial markets discipline is paramount. Ask any successful trader and they’ll concur. A dollop of luck is important, but sticking to key rules is essential. Without discipline one’s trading lifetime can easily be cut short prematurely. Closing…
2018 is set to be the third consecutive year of macroeconomic and political excitement, with the continuation of Brexit negotiations, fresh European election races and, of course, the second year of the Trump administration. Bearing this in mind, it’s worth considering what sort of strategy you want to employ over the next 12 months, and…
Macro observations With Christmas just days away, lawmakers across the world are finalising details of crucial policies and preparing for major events that will alter the FX landscape in 2018 before taking time off to celebrate the holiday. Starting with events at home, the final day of debate on the highly contentious EU Withdrawal Bill…