With the UK election excitement now all but over, markets now have an event of far greater significance to turn their attention to. Having been officially triggered back in March, Brexit will begin with a bang when UK-EU negotiations get underway in Brussels next week. These negotiations, expected to be completed by then end of…
Today, both Germany’s DAX and the US Dow Jones Industrial Index have traded at their highest ever levels, hwile the UK’s UK 100 failed to even reach its best level this week. So we’re asking, “how and why has this happened? The UK Index versus the DAX Both indices are made up of companies that are…
Tonight sees the culmination of the latest US Federal Reserve’s latest Federal Open Monetary Committee (FOMC) meeting and, despite markets widely expecting an interest rate hike when the policy update is announced at 7pm, it is still uncertain as to what the effect on markets may be. In order to assess what impact the meeting will…
Housebuilder Bellway (BWY) is the biggest gainer this morning, helping bigger peers (BDEV, TW, PSN) to the top of the UK 100 . This comes after a trading statement highlighting strong sales, upgraded guidance and soothing rhetoric about robust demand for new homes across all regions despite political uncertainty. Reservations +13% Feb through June allows…
Another vote, another tough outcome for the UK electorate. No outright winner came from the 8 June General Election. Instead, we came away with a hung parliament as all major UK political parties suffered some form of loss: The Conservatives lost their parliamentary majority The Labour Party gained the moral victory, but still came second…
Capita (CPI) is today’s standout UK Index stock, shares up over 12% thanks to better than expected recent trading. This puts management in the enviable position of being able to upgrade March’s forecast for H1 performance to “no worse than” the second half of 2016 (a period chock full of profits warnings; shares at 10yr low)…