Just 3 short weeks ago I delivered a gentle reminder that CFDs offer the opportunity to profit from falling prices. Now I also correctly forecast that, by discussing said topic, the December declines might come to an end. And the UK Index did indeed rally until end-Dec, so it’ll…
8 Jan 2016 It’s been an exciting start to 2016 with major equity indices giving up most of their Christmas gains (UK Index -380pts, Dax -870pts, Wall street -1000pts) within just 4 days. However, on very little new in terms of market drivers. China is still slowing, commodity are…
Marks & Spencer (MKS) shares are the surprise and lone absolute outperformer on the FTE this morning despite a poor Q3/Christmas update, with a shocker for General merchandise sales -5% due to unseasonal weather and intense price competition hurting footfall as peers have reported. Shares benefiting from a handful of drivers including raised profits guidance to…
Shares in Next (NXT) are suffering from Q4’s mild weather with the retailer revealing in-store Christmas sales -0.5% as shoppers held off from splashing out on higher priced winter garments such as coats, Directory sales were impacted by poor stock availability from October, and surprise, surprise, online competition remains as fierce as ever. Full price…
18 Dec 2015 The markets have had little on their mind recently bar that ‘momentous’ decision to raise US interest rates for the first time since the financial crisis. Following that, attention has come back to emerging markets and their old buddies, commodities. Of course, market volatility is always good…
18 December 2015 It was a protracted build up to say the least. And the Y2K-like fears the world would implode after the first US interest rate rise in almost a decade proved unfounded with the muted market reaction to Janet Yellen finally pulling the trigger Wednesday evening. While we would normally cheer heightened volatility…